Since then, Chewy, Auto Zone, AT&T, Dollar Tree have all built distribution centers in the area. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

In the future, I’ll factor in contractor costs more.

Hi Robert, I always look at the rehab and deciding what I can do vs the opportunity cost of spending my time elsewhere.

., but there’s some good news for renters: local rents have dropped to a 3-year low, with decreases of up to $200.

They are even working on getting me the evicted tenant's security deposit, the missing JANUARY rent since the place is still empty, and covering the cost of my own manager re-listing the property.

Obviously need to check zoning and set up costs etc. 

However, the success of your project will depend on factors like location, renovation costs, and market timing.Many investors have found great success by focusing on high-demand neighborhoods with strong buyer interest.

Issues 1) even garage conversion ADUs in single family zoned areas typically cost more to build than the value that they add.  

Both sides also need to factor in opportunity cost.