It's a 2 bed, 1 bath at 780 sq ft.The house was remodeled about 5 years ago and looks relatively modern inside.

If not, they will have 7 days before the 30 day mark to give me a 30 day notice to vacate.My end goal is to be able to do a nice rehab to make the place very modern and raise rent by $325 more to what they are currently paying. 

The calculation for a 10 Year CD at 1% Fixed Annual Interest Rate looks like this:Now that we have the calculation referenced in terms of today's safe investment by using a CD (yes, we can use Treasury Bonds, but the average person probably doesn't even know how to do that), we can benchmark possible Investments using BOTH in order to get the equivalence.As a Stock Example, let's say you were to buy a bunch of stocks and you Invested $30k total for all the stock you purchased.

We don't have a dynamic and growing economy as Columbus does, we arent the state capital, and we don't have any modern industries coming in to provide jobs and higher incomes that would push up the need for housing to improve in those poorer areas of Toledo.

If you get a well located property in the Tampa market, with modern finishes and well designed/furnished with appropriate amenities, you can still cashflow even with optional management and the high rates.I do firmly believe when rates go down in 2024 demand will spike and so will values, so I think buying now is still a good idea.

Exclusive Modern Postcard discount.

Scope of work is new furnace (as you can see in the pictures) paint to a more modern color, new floors in kitchen and bathroom and a deep clean.

They have acquired some 300 acre oceanfront lot and are in the process of developing them into 1 acre lots, homesites, etc along with all modern amenities like clubhouse, restaurants etc.

I’m a newbie l, and I understand this is a who get it’s it first type deal but I mean I still have bench marks I have to hit before I shop to a buyer.

I realize this question is incredibly vague and depends on a whole plethora of factors…In general, what benchmark or criteria did you use to feel financially “comfortable” investing in real estate?