It is an old house but has been completely gutted and rennovated in a Midwest state with a flatline population growth.

Consider population trends, job growth, and economic stability in these areas.2.

So, you want to watch tenant credit scores, see the default chart below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% PROPERTY VALUES: What are buyers willing to pay for a property? 

Great macroeconomics overall - population and job growth and major companies moving here.

As other people have mentioned, does it increase risk of being rent controlled down the road?

.- long term: there is a shortage of properties in almost all cities and in some cases and that has contributed to an increase of rents and prices in double digits in some cases. i.e Mafra 10% rent increases last year and Setubal +15% price increase.

The target customers are the unbanked and underbanked population, which is 30 million household in US.

Focus on factors like what is driving cities to grow both in population and economics.

In 2022 the rents increased 12.1% year over year which was the 3rd highest in the entire country per https://www.axios.com/local/cleveland/2023/02/14/cleveland-rent-prices.

Recognize there are challenges doing BRRRRs since the rate increases that have occurred in the last couple years