Odds are you could have the same dynamic in this property.I think every invest has to make their own decision about cash-flow vs. appreciation potential, if you want to drive to your property or are happy to fly to it, if you’d rather spend $750K on 10 units or one SFR.But for whatever it’s worth, I’d posit 100% of investors look at deals and say: “Oh this looks like a good property if only it were 20% cheaper!”

Like I said, I've been researching this for a while and I'm ready to make a move, and my move does not hinge on this exclusively of course, but I am very curious about this aspect of the rental property dynamic. 

A lot of investors like probate, but when you are dealing with grieving families and all the dynamics, I would expect that this is a list where you will have a much longer turn-around on decisions.Have you thought about other target audiences such as Low Financial Stability?

I'll set a date (impromptu and never the same date month-to-month) to change the filters & test the systems and I try to insure that "I don't bother them on their day off".I do a visual in addition to the preventive maintenance.

We are very eager to think through these possibilities, but we also want to have our eyes wide open to all the dynamics of investing in Louisville that we are unaware of. 

The dynamics of your local market (especially if you live in an urban area)What was the biggest mistake or worst deal you ever made?

Thinking only of the upside and not the downside risk; not understanding the dynamics of how to maximize the former or protect against the latter.Being greedy when others are greedy and fearful when others are fearful, rather than the other way around.Trying to blindly copy strategies that they heard worked for a friend of a friend of a friend in a different market a year ago without thinking through and understanding if, how, or why this strategy works (or not).There's more, but these are the common ones that come to mind ... lord knows I've been guilty of more than a few :)

I am a broker - will put that out there right in front- in this market pricing is changing dynamically.

I’m a visual person and like to have a visual representation of my vision.

I am from Michigan so I understand the dynamics of the Midwest and just can't justify encouraging a long-term investor from Florida to invest in Ohio if they have a 30+ year investment time horizon.