Make sure you account for unforeseen costs and emergencies in your budget.Property valuation: Examine recent comparable sales (comps) in the neighborhood to ascertain the duplex's fair market worth.

Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.

Look at the Furnished Finder stats page for your area.

I am looking for a 80% DSCR LTV loan for this deal.Here is some quick stats of the deal: Purchase Date August 11th, 2023 Purchase Price: 80KRenovation Cost: 60KAll - In : 140KEstimated ARV: 180k Estimated Rental Rate: $1,400 - $1,600Current Loan Balance: $111,000My Stats:- 720 + credit scoreHere is a link to the property for more information. https://www.zillow.com/homedetails/2730-Antler-Dr-W-Augusta-...Does anyone know any lenders or small banks in the area that will lend up to that LTV for a cash-out refi? 

https://www.har.com/content/department/newsroom?pid=2061Houston Real Estate Highlights in February, 2024;
-Single-family home sales rose 7.6 percent year-over-year, the third increase in the past year;-Days on Market...

Others with different 'stories' I haven't thought of...While I don't have any stats, I think the number of investors that started off with an edge or introduced in to with help/information is no small number. 

But where I am, I wouldn't do that unless I had an "attorney sit down" first and have him examine the documents and give advice. 

I understand that you want to look for a place with year round tourism, growing tourism stats, favorable STR regulations, etc.

We’ll need to observe as we move through spring and into the early summer.Here are the full stats for Austin and the greater metro:SXSW is now in full swing in Austin, with many attendees renting one of the numerous short-term rentals in the area.

While such disparities can be due to a variety of causes, residents in these cities had economic tailwinds to help them through recent cost of living increases.To see where income increased most, SmartAsset examined Census Bureau data for 124 of the largest cities in the country and ranked them by the size of income changes between 2019 and 2021.