Hey @Jonathan Sanchez, a lot will depend on your area.If you are buying in a saturated area with lots of competition, then using an aggregator like Pricelabs to help make your pricing accurate is handy.If you are in an area that has less, then simply looking at nearby properties that are similar to yours on VRBO and AirBNB.

But, yes, it sounds like simply looking at your numbers and determining whether or not you can absorb a salary is the time to consider it. 

It, will go up next year.

Have contracts or covenants that keep newer homes there and keeping yards clean.  

Example, buying a vacant lot from a neighbor and simply explaining that someone else will be on the contract in a few days is not easy.

I have noticed a lot of investors are seeking out cities that are offering lower priced lots and simply adding a Modular or Manufactured and capturing a very nice cash flow.There is a new trend starting in Florida and in other states where an investor buys a piece of land or lot and add a 'Tiny Home". 

Simply safety screening criteria.

For example, I have an account set up for each of my rental properties.

But if they only use 50kwh, they still owe $12-  They’re basically setting up an annuity for the solar company. 

The thing about condos is the HOA will go up and your mortgage stays the same so you will end up losing by the end of the mortgage.