I'm comfortable with putting together estimates for the rehab, at least for the up-front financial analysis prior to getting real bids from contractors.What I'm less equipped to do is project the lease up story based on supply, demand, and other factors relevant to the area.

However, if you’re committed to a specific suburban area, working closely with a local agent who knows the market well could be invaluable.Working with an Agent: Starting with a knowledgeable agent in your chosen market can definitely help streamline your efforts and prevent that analysis paralysis.

If they announced Elon Musk was moving to Austin, everyone would be investing in Austin driving the prices up.

The Brokerage advises agents NOT to handle deposits, but have buyers send it directly to the closing company (e.g., closing attorney or seller attorney).  

What I've thought of:-Offer to show my bank statements for up to 10 years showing I make enough money-If for any reason I cannot make my mortgage payments at anytime, I will agree to sign over the deed.I don't have any friends or family that would co sign, so I'm not sure what to do!

And lower rates won't fix that.Prices going up help that a bit because then the premium to buy a new construction home and pre-existing home isn't as great. 

My partner is from the Midwest, and we’ve briefly brought up the area.

They do, however, have up to 60 days to return a security deposit after a tenant moves out.If an eviction is necessary for nonpayment, landlords are required to send a seven-day written notice of the payment due.

@Peter Tverdov mind elaborating a little on the 1.5X guarantee on security deposit to your client, my.math isn't adding up.

I'm currently looking for more resources so I can see how real people are finding and closing real deals and what are realistic and possible cap rates and cash on cash rates.