(Click to enlarge.)I recommend first identifying a tenant segment with a high concentration of reliable tenants.

However, if a unit remains vacant, I recommend setting rent just above the market average — in this case, around $1,800 as you've identified.

This will assist investors in making informed decisions and to potentially identify lucrative investment opportunities.More Accurate Property Valuations: Property values are assessed more accurately when utilizing AI tools as they are able to take into account multiple factors including market conditions, location and the features of a property.

We identified 2 properties and one of them was already sold to someone else so we are left with this one but want to make sure that the numbers make sense and we are not missing anything.

And as long as the purchase of the replacement property meets the timing requirements of all of the sales (identified on the 45 day list and purchased within 180 days of the first sale) then you will defer all tax from both sales.

I've identified hopefully like mr Henry says, start small and make your big mistakes early, a small town in TX that seemingly could use more storage.

I’m eager to connect with seasoned investors to explore how I can assist in identifying and securing great investment opportunities for them.While I’m committed to providing value to my clients and partners, I’m also here to learn from those with more experience.

In particular, you need to identify what criteria is necessary to optimize ADR with respect to price.  

After identifying the potential, we negotiated with the seller for a $10,000 purchase price, leveraging our expertise in recognizing under-valued properties.

Once I build a list of prospective homes, what steps should I take to identify which homeowners might be interested in selling?