In that order if it was me shopping for a new market.

Immediately, I performed a Roth conversion.

Hello @Daniel Reed,The supposed advantage of multi-family properties over single-family homes is misleading when you look at financial performance.

Has this property been working for a while with a track record of income performance?

One deal I closed last year was right next to a planned shopping center.Realtor Pocket Listings: As a licensed agent myself, I’ve built relationships with other agents who sometimes share “pocket listings” or properties not yet on the MLS.

Just like when evaluating a potential purchase you should be performing the same due diligence with rents.

You can get away with using 5% for Class A tenants, but we use 10% for Class B and lower. 3) Tenant Payment Performance: you didn't mention this, but it is important!

It is widely recognized as a loss leader within the industry and those who are successful normally have a complimentary business such as a brokerage or a construction company that performs complimentary services.

Ensure vendors feel fairly compensated for their expertise.3.Feedback and Recognition: Provide constructive feedback on their work and recognize exceptional performance.

If you can build confidence that regardless of how the STR performs, you will pay the rent every month and take all the risk.