I made some resources for my out-of-state investors like a neighborhood graded map and contractor rolodex that I can share with you!

I made some resources for my out-of-state investors like a neighborhood graded map and contractor rolodex that I can share with you!

This rules out acquisitions based on STR income.3: Aggressive: Can use AirDNA projected revenue to qualify you but have occupancy, market grade, and rural requirements.

If your intent is to sell your rental(s) and leave the RE asset class then I suppose the # years of cashflow metric might be more applicable, but I think it heavily relies on the assumption that you've accurately timed the top of the market which requires a crystal ball and sorcery above my pay grade.

*another point to mention is that the beds and baths could be appraised as below grade, making the appraised value equal to the 3 bed/2 bath

You need to get in front of where things are going in your view; your view may be wrong, so take that into account too.My view on REI and a little in macro-- primo lands will be more primo, investor pools will run to chase dollars which in turn makes non-investment grade areas a better return on equity, managing and owning debt may be a better return than equity, international equity exposure may be superior to domestic, liquidity and cash reserves will remain highly valuable and the notion of all cash needs to be invested will no longer be pushed as hard.

That advantage can translate into quicker growth or plugging holes during recessions by isolating and eliminating low performers or paying off higher grade individuals.

For Cleveland, you'll want to give The Ultimate Guide to Grading Cleveland Neighborhoods a read.

Sterling White: The Investor’s Guide to Grading Indianapolis NeighborhoodsRun a search in BP and this should come up. 

I am happy to send you my neighborhood grade map to help you get started.