STR is best suited at the moment for more of your higher end properties 750k+ from what we've seen in the market unless you get a unicorn deal.

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

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.

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.

@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.  

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