Hi all, I'm interested in learning what factors lead to certain metros to become hot rental markets (or what makes them so desirable right now). An example: Is there more demand for rental properties in Chicago than i...

Our first deal warrants the BRRRR method, in our assessment.

My conversations with Arkansans with more fruitful, so I booked a flight to Fayetteville.After five days in Fayetteville, I returned home to LA with two brokers sending me deals, three bankers interested in working with me, two property managers interested in helping me assess deals, and two local operators interested in partnering with me on bigger deals.

It looks to be a factor of home prices rising faster than wages.Fitch Ratings assessment not inconsistent with what I see.

Once you have the security deposit and access to the property you can take your time to assess the proper course of action. 

It is not clear how they are making money and-my best assessment is they are losing each month?  

Even though it's a condo, you'll still have inside things to do as well as the risk of a dreaded special assessment.2) You're planning to self manage?

The basic formula is (total municipality expenditures) divided by (total assessed value of all property in the city) = tax rate applied to all property. 

Find out when the last assessment was/ how much was / when is the next / how much money does the HOA currently hold. 

Since I’m a newbie I’m not sure what i should be looking at or what questions to ask so that i can properly assess whether this is a good investment or not.