I've identified a couple other markets that look similar to the one I'm active in, and could expand into if I built a team there.

Wondering about opinions from more seasoned investors on whether you believe getting a real estate license solely for MLS access, listing my own units, identifying pre-market listing opportunities, etc. would be valuable and worth the investment. 

I have been working with a realtor, going through the MLS, and have identified a property management company that provides ROI on properties I'm interested in.  

It’s always been part of our standard process but it was to identify a looming 1 or 2% hit.

Your focus should be in identifying a good asset at the RIGHT price.  

It also lays out a worst case scenario that identifies the foreclosure equity the lender would then have in the property. 

For example, here's a line from my database:RatingStreet AddressZipPriceZestimateSquare Feet$ per sqftBedroomsBathroomsRent ZestimateLow ZestimateHigh Zestimate30 year rate30 year gain30 year % CocrA+23219 Lincolnshire Dr44140169900237037146811632165014031848988.62414.3814.63I've identified places such as Indianapolis, Jacksonville, Milwaukee, and Cleveland that provide good cash on cash return based on these parameters.

This can be a great option to begin your investing journey and get into a cash flowing property as you continue to educate and identify the market or strategy that you want to pursue further. 

As we identified properties we would pop the details into the Rental Property calculator on BP and make note of the cash flow and property details in a spreadsheet.

The 30 plus year ground lease plus the improvements made to/on the land creates/represents the new real estate interest that you will be identifying and acquiring as your replacement property in your 1031 Exchange.