Back at that time it was already a hot market, I was able to get this property with a full cash offer.

The real estate market in Greater New Orleans has undergone significant changes in recent months, making it both an intriguing and challenging time for buyers, sellers, and investors.

Typically when one of my units turns over I evaluate the entire unit to determine what needs to be done to get the most current market rent for it.

There also aren't too many properties out there that have a value add because buyers will pay top dollar for whatever comes on the market.

@Charlice ArnoldI think it depends upon the market cycle.

I am a real estate broker and have access to market data for valuations.

However, keep in mind that this arrangement may require more involvement from you, especially when it comes to marketing and selling the property.If you're exploring specific markets, I’d recommend looking into areas with strong demand for new homes.

The only reason that you are requested to order a comparable rent schedule appraisal is because the lender needs to see what the market rent is for that specific investment property.

We’ve been serving our clients for 18 years and have generated over $300MM in profits by investing in the Jacksonville, FL real estate market for those clients.  

STR market is dieing unless you can play in the 750-1.4M$ price point then there is opportunity, most are going MTR or LTR, we manage a vast amount of properties and see clients switching from furnished to long term unfurnished, lots of data around this...