Ensure it cash flows comfortably.Market & Location: Research local rental demand, property values, and any applicable LTR regulations to understand the area’s potential for long-term success.Future Potential: Consider if the property could appreciate or attract quality tenants over time, supporting stable cash flow and asset growth.This checklist should set you up for a solid LTR investment!

I am an agent and investor in the area.

-if you don't BRRRR, and just buy a miscellaneous property on the MLS that you never see, and trust people you don't know with... you will lose money. 

Naturally your relinquished property must be sold before you can take title to the new property, but its a great way to make the process as smooth as possible.Even though the time frames can feel daunting I find that 95% of exchanges from my clients are successful.

Converting the basement to a living space to make a duplex.

I heard that phrase a while back (I think it was a BP podcast) and it stuck with me.This has been a long time coming, but my wife & I finally worked ourselves to a position to make that decision. 

It requires a lot more work, follow up, and it's necessary to have systems in place to support the tenant vetting, rent collection and creating lease agreements.

@Luke Pearson, great to connect with someone else along the Wasatch front.

The Assessor's Office is doing an assessment on it to determine the new assessed value.

Hey Joshua,I'm currently in the throws of a development project in Brooklyn, and the $300 a sf model is a little light, especially if you plan on decent finishes.