Understanding the market enables you to spot good bargains and steer clear of potential loss-making regions.

You can still find positive cash flow (aka the 1% rule) and amazing appreciation potential.

I saw the potential to cash flow when the opportunity presented itself I jumped on it.

However, if the loan is assumable, that could also be very attractive to a potential buyer and could end up driving what they pay you higher. 

As interest rates rise, they naturally cut into potential cash flow on a property.

Try to anticipate other potential avoidable situations with a follow up inspection to assess the Locksmith’s work and ask your tenant(s) if you can also use the time to assess for other issues such as unchanged HVAC filters, leaky pipes, working shutoff valves, working smoke detector batteries, properly working downspouts, clogged dryer vents, evidence of water damage from leaking roof, etc,etc,etc.

Start by formalizing a lease agreement, evaluating potential renovations to maximize rental income, and deciding on a rental strategy (short-term or long-term).

Say, I have a potential client that has asked me to value a 7 unit apartment building.

This deal stood out due to its strong resale potential and minimal risk.

It's nice, but it's also over built for it's investment use potentials.