Also, think about the bigger market factors—how’s the job market and population growth in Lexington?

I feel like I’m missing the bigger picture of what makes a property a great investment opportunity.If anyone could share some pointers or insights on how to identify a “good deal,” I’d really appreciate it!

However, the road block I face is getting to a point where I think it’s an “ok” deal (meaning it’s not fulfilling the 1% rule, but more like 0.75% and little to no immediate renovation cost/typically a new build townhome) and then I start to question whether I could find a BETTER deal if I just keep looking.

Hi Caleb,Welcome to the Bigger Pockets Forum and if you ever have any quetions feel free to reach out. 

I have been an avid listener of Bigger Pockets podcast since 2020 and am very hopeful I can finally begin my real estate journey sometime this year either in state or out of state (or Both!)

The "Learn more HERE" link takes me back to the Bigger Pockets home page. 

It's just a room and private bathroom and that unit KILLS on Booking but not really on Air or Homeaway/Vrbo.All of my 1-3 bedroom "whole unit" listings do good on Airbnb but not so much on Booking or Homeaway/Vrbo.And I have a 5 bedroom unit and it does nothing on Booking, but pretty good on Air and Homeaway/Vrbo.I think bigger units that facilitate large groups do well on Homeaway for some reason.

I either jack and jill the bathroom or add a hallway blocking off the bedroom portion to that bath to allow access for the rest of the members.  

Bigger doors and windows look great but replacement is hell.

Bigger deals can be a good angle to attack AND that being said there is a greater deal of risk involved.