Check their rates, lease fees, lease renewal fees etc.Do direct deposit of your rent collection and contributions to your PM for repairs from that bank account you just opened and never touch the income as you save for the next property.Do a spread sheet on all your properties as you accumulate more to keep up with passwords for log in to lenders, PMs, insurance, etc. keep track of cash flow, property taxes and insurance (the fluctuations of these benchmarks will give you the information you need to make decisions on raising the rent or not.

Jason Norton I agree I believe that you can never out price the market, I also use solds as my primary benchmark for my comps but I do look at for sales and pendings to make sure the market is not shifting.

Upside is a combination of 1/ max occupancy * max market rent * min costs where max occupancy is clearly 100% fill park; max market rent is a approximately set by comps of other similar parks and other metrics like local apartment rents, home mortgage if purchased benchmark home, etc; min costs of ~30-35% assuming you bill every possible line item back to tenant.

I guess what I'm trying to ask simply is, is your 1.5% your benchmark? 

Finding an undervalued stock is very, exceedingly difficult (at least when benchmarked against indices like the S&P 500).

I was thinking that past is a low end benchmark “worst case scenario” possibly.

I also use this number as a benchmark.

We are looking to invest in Nashville or the surrounding area rental properties (long term rentals) The objective is to hold and create cash flow.  We can either pay cash 100% for the rental or finance it, looking to ...

Because I always try to buy properties in which I can add value, my benchmark is to be all in - purchase, holding while rehab, rehab costs - at no more than 70% ARV.

@Matt StricklenOn Friday, March 19, 2021, according to Bankrate’s latest survey of the nation’s largest mortgage lenders, the benchmark 30-year fixed mortgage rate is 3.320% with an APR of 3.490%.