Extent of rehab, time on the market, proximity to transportation.Hopefully this works!

It is not about the physical item, but the memory. 

Hey guys,I uploaded a rental property that I physically own.

I am curious if anyone has experience conducting BRRRR deals out of state without ever physically walking in the property.

They visually and physically want it quick and easy. 

The arbitrator comes back with his decision that because my mom did not A) physically SEE him smoking pot, and B) between finding the house smelled like weed and giving him an eviction notice, she did not give him a notice giving him adequate time to correct the situation, the eviction got denied.

So things that are a red flag for me may be fine for someone more aggressive.1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where you think we are in the real estate cycles (financial and physical market cycles)b) Then only then pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

Also consider that the general rules can be bent when dealing with a complex property - a property that is large, waterfront, or in some other way unique.A good comparable has the following features:Distance from the subject property (normally .5-1 mile)Time of the comparable sale (normally within 6 months - some underwriters want a couple within 90 days or so)Physical Similarity to the subject propertyI hope this gives you a basic understanding of what to look for.

What is the physical setup?

My company will do all the physical work to the property.