In today's market I wouldn't touch one unless you can get 8%.  

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.

But what really makes Reston Virginia such an interesting investment is the meteoric rise of the Reston Town Center, and its recent office market outperformance.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

Market OverviewThe Los Angeles apartment market is comprised of 864,197 units in thirty-seven geographic concentrations ranging in size from the 62,684 unit Hollywood/Silver Lake submarket to the Tujunga/La Crescenta/Montrose submarket, which amounts to 5,448 units.

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.

Analyzing marketing materials can offer insights into their branding and market positioning.

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.

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