The biggest lesson learned is that a long-distance BRRRR project can be done mainly due to technological advance and information available through sites like BP, books and networking available through the site.

I still don't get why more contractors do not take advantage in the fact that they hold the biggest and best leverage out there.... 

The global pandemic shattered the world order and the US economy suffered its biggest blow since the Great Depression in the second quarter.

They max out their calc of replacement value which is the biggest driver of rental ins policy cost. 

If you’re going to venture into Cleveland or another similar market, my biggest recommendation would be to remember that California is a unique hub.

Depreciation and interest are two of your biggest expenses that reduce taxes, so don't forget to factor this into your numbers.Ultimately an exchange defers taxes.

Good value increases and the like.The biggest issue you want to make sure of is the building HOA/Board or whatever it might have.

You can take these comps and find the average for your property as a baseline - then look to the high end of these comps and determine if you're competing in level of finish (grade of appliances etc if this is what you see as the biggest draw to your property is)  to get a pretty good idea of what your property will rent for.The great news is that you are likely still under warranty for many of your appliances, and may have purchased a home warranty as well that could save you some cash if something happens during these first couple of years - especially as your margins might be tighter if there are loan payments being made. 

I learned that there are not many offers, may be the other buyers have the same problem as I have (just a feel good guess).My biggest problem is all nearby SFH are about 2k SQFT and not a real comp in terms of size and feature as the subject property is 5 bedroom and 4.5  bathroom.

@Michael Plante Of course the numbers are the priority first and foremost but traditionally a larger asset has better economies of scale that's why people tend to try and buy the biggest property they can afford to get.