Are there specific factors you look for in an area to make sure it’s a good fit for this type of rental setup?

County has assessed for 200k but would be worth more due to the area they are building homes left and right on that road and they are selling 300k+ and up.

Some investors scrape these records or use data aggregation tools to build their own lists, ensuring they’re tailored to your criteria.• Networking & Local Groups:Engaging with local wholesalers and real estate investment associations can also lead to referrals for quality data sources.

The biggest factor will be how long you plan to own the property or when you think you may refinance.

I joined with the intent to surround myself with others in the field and build my confidence and understanding of the subject matter (:I live a disciplined lifestyle when managing my expenses and living below my means.

Quote from @Josh Otero: Hi BP community, I know you've got some crazy tenant stories and I want to hear it.I'll go first:1) I was managing a 5 story apartment building and a dog fell off the 4th floor balcony because of the owner not paying attention.

Are there any similar surrounding buildings?

One thing that I’m seeing it that large multi unit buildings beyond the 800k mark are all on a boiler and paying to heat the entire building ruins the numbers.

Housing mix will change; more condos and co-ops and multi-family apartment buildings.

@Max Bellino For smaller properties like your 2–4 unit multifamily buildings, an online cost segregation study is a quicker and more cost-effective option, providing sufficient accuracy for straightforward properties.