Hi all, As a new investor, I was curious to know how you all assess how strong is the demand from tenants for rental in a given area.

If the compition demands a higher refurbishment (counter tops, and cabinets) then do that, but just a refresh on this unit (from the pics) looks like paint and LVP might be enough.I'd leave the cabinets and counter tops brown (unless competition dictates redoing them).Also a daylight bulb in the kitchen of the highest wattage the fixture will hold might make the area look better when you show it.The less income the resident has, the more bulb wattage they seem to like in the kitchen (they cook at home more).Good Luck! 

If there's a demand and living in mobile homes is accepted in the community, it's definitely an option.

Evansville IN Hello Donald, Cleveland is one of the best rental markets and the most popular for investors because of high rental demand and low cost of entry, property prices are pretty inexpensive here.

If there's strong demand for rentals, it may be worth considering a few quadplexes or larger apartment building. 

It depends on the size of the storage unit, your market, and the demand for storage space.

By forcing the prices to stay low, more people can afford to live there, which drives up the demand, which drives up the prices...

If your area has any demand for short term rentals, it might be a good backup strategy if you do run into a long term vacancy.

Duplexes are in high demand and if you find a deal on one, kudos to you! 

Such low rates is likely due to low demand already.