Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

To determine your rental rate, you need to compare your apartments to others in the area.

Florida has some strong rental areas, but things like insurance, taxes, and property management can vary a lot depending on the city.If you ever want to compare notes or chat about market trends, happy to share what I’ve seen!

Thanks, Bernice One approach is to break it down by looking at similar vacant retail spaces nearby and comparing price per square foot while factoring in potential rental income once occupied.

While a western WA deal might not meet some Midwest cf metric like 1%, it will be above the market cap rate or below FMV of comparibles and give you options. 

However, because interest rate has gone up, funds that have a few holding already theoretically should be better off compared to funds that are only starting to acquire now.

The comparable is house a few doors down in Uptown Harrisburg- N 4th St. that sold 1/31/35 for $97k.

Compared to other potential investments.  

For example how many units in your comparable are classic vs Platinum. 

I've got about 7k in an emergency savings account.I am in the process of getting several mortgage pre-approvals to compare fees and get an idea of how much home I can realistically afford.I have yet to find a buyer's agent/investor to help me identify potential homes but will start on that shortly.Ideally, I would like to buy a single family home.