Use it to see how much cash flow a property could generate.Market Research Mastermind: Become an expert on the area's rental rates, vacancy rates, and appreciation trends.Renovation Reality Check: Don't underestimate the cost of fixing up a property.Price is Eye-Catching, Value is KeySure, a low price tag might grab your attention, but remember, true success comes from finding properties with exceptional value.

In my models, I have expenses (less mortgage payments) track the same number so I find the total rate of return to be relatively insensitive to this number.

Most of the funds have a structure with pref rates and good performance split.

It's fully rented at the moment and has a cap rate of 10%, which seems promising.

Now, even though the red tape has lessened and selling might be feasible, the current high interest rates could make it difficult to find buyers willing to invest at a price that reflects the property’s true value.

The 70-80% fail rate is discouraging, but I've seen that on other posts as well, so I won't let that scare me.

Thus, a higher conversion rate. 

To thrive, begin by studying the nearby real estate market, grasping property values, rental rates, and vacancy rates.

If an investment property, there non-warrantable DSCR loan options.Some details:Loans available for purchase, rate and term refinance (no cash out) and cash-out refinanceCredits score down to 620LTV are up to 75% for purchase and 70% for cash out.Rate buydown feature available.DSCR (lower of gross rent lease or Form 1007/216 rent divided by PITIA) as low as 1.0x.For experienced investors (one year of investor experience and own home), short term rentals can be structured off of 12 month short term rental history with 20% expense factor.

Also, it may be smart to consider the differences in the rental rate if you were to decide to shift strategies to an STR or LTR one day.