I am BRAND new to REI and am looking to potentially make a buy and hold play in the next year, Reno might be that market for me under the right circumstances. 

You can leverage their brand presence in that particular neighborhood. 

The walls can't be cracking and 1990's beige when you installed brand new hardwoods throughout.And, while new cabinets and counters and appliances are nice, if they are not well laid out, or you jam an island into a space that does not allow for stools to be pushed out, or the oven door to open because it hits a cabinet pull, that new kitchen is meaningless. 

But the best thing about it is that I own this amazing house with all brand new big components.

I don't know what area exactly that you're in but likely 5.25% to 6.25% for something brand new near downtown. 

@Nicholas L. brand new to real estate investing! 

Many will be well educated on their housing options guided by their brands, teams and universities, and are well capitalized and qualified on a short term 3-6-12 month basis, and I actually had a client purchase a newer townhome in Tallahassee for lease to a football player at FSU..Keep in mind the top earning NIL athletes stretch across multiple men's and woman's sports. 

Brand new tenants getting divorced and can’t afford rent on their own.

The appliances are also all brand new installed this year- fridge, dishwasher, and washer/dryer. 

5) Miscellaneous - anything that doesn't fit in aboveAlso, keep in mind:1) Tenants all seem to want a brand-new home - and then want it for "free".