Dynamics are good, but you may not be able to be in and out in 6months for your second project. 

I built a much nicer website than what they had and used a booking engine called ResNexus (which is awesome, BTW) that allows you to set dynamic pricing.

I've come to the same conclusion for my properties when it comes to dynamic pricing tools.

That being said, we also have a full-time cleaning and QC manager who handles everything that comes with having over a dozen cleaners on the team.We use an app called Properly which allows you to give cleaners a visual checklist and requires them to take pictures of the work which are reviewed in real-time by Properly staff. 

We did unscrew a board covering a gable vent opening on the front of the house and only had visual access from this vent opening, as it was too small and too high to safely enter the attic from this opening.

If you don't know the dynamics in an urban area, then you are likely to lose money.  

It’s tough to fully visualize the problem from your description.

@Amber Saulsbury Relying solely on cap rates might not give you the full picture, as caps can be dynamic based on what you do with the asset upon acquisition and then at disposition. 

On the flip side, tighter regulations or changes in interest rates could shift market dynamics.

This will help you:1) Determine if the property's return potential is worth the investment (when compared to a more liquid investment like the stock market)2) Build credibility with lenders if you elect to pursue a loan3) Understanding your downside risk should you purchase with a mortgage and the market contractsAt 14 units, the property is big enough to be materially impacted by market dynamics that are out of control.