It sounds like you're in a good position to evaluate your options carefully.

Quote from @Tanner Martillo: Hi BP Community,I’m evaluating a potential investment property in Cincinnati, Ohio, and would love to get your insights!

I've read a lot of posts in the forum here on the pros and cons of this strategy... what I would love is some insights from actual PadSplit hosts on the assumptions/operating expenses to take into account when evaluating a property.

Anyone please share your contact info in a message and I'll be sure to save it and ping you if things progress w/ other seller/buyer leads.

Happy Thanksgiving to the BiggerPockets community!I am looking for feedback on what to do next with my real-estate portfolio.Current situation: - We have 5 rentals properties spread across Tulsa & Florida (9 doors...

@Dennis Gallagheri don't really use any rules anymore, i just evaluate the actual expenses on actual properties. 

Have a robust cash reserve to handle unexpected vacancies, repairs, or market shifts.Good luck, and I’m excited to hear how your journey progresses!

So many people gloss over properties before truly evaluating their pro forma rent.Also, I think it's a great point about this strategy working in higher rent/gentrification areas of Chicago..it seems counterintuitive.

., missing property taxes or HOA fees), unreliable rent estimates, and the time-consuming process of manually calculating metrics like cash flow or ROI.Platform Preference: A web-based platform would work well for in-depth analysis, but a mobile app would be crucial for on-the-go research and quick evaluations, especially when touring properties.Wish-List Features: A tool that integrates local market data (rental demand, appreciation rates, or vacancy rates) and offers scenario modeling (e.g., "What happens if I increase rents by 10%?")

Something almost always comes up and that helps you be realistic when evaluating deals, securing financing, etc.