@Morgan Painter  To answer your question, the first step would be to review the income and expenses to determine the NOI, and compare the asking price to the market capitalization rate for the area.  

Not sure what metrics you have used in penciling down this market but make sure you look at population growth trends, income levels, poverty levels, Job diversity, schools etc.

Need to find a good closing atty in KY - Louisville preferably - to review a purchase contract for a 9-plex. 

The Ring is nice because they have a battery operated one so thieves can't cut wires.The Nest is nice because the interface for reviewing/saving videos is easier to use in my opinion.We use both.Mike

I would also look at some additional metrics such as cash-on-cash-return and return-on-invested-capital to see how this stacks up against other possible investments.Hope this gives you some food for thought.

For any wholesaler out there, when you first went about getting an assignment contract/double close documents produced did you have your own drawn up and then reviewed by an attorney? 

When you find a house you like, review the deed to make sure there are no deed restrictions on renting it as a STR. 

Well, after a further review at the title company, unfortunately my first wholesale deal seems to be falling through.

Customer dissatisfaction leads to less than 5 star reviews, too many less than 5 star reviews means you won't rent very well - so if it gets to that level - whats the point.  

Then I went and read through their reviews to see if a guest ever mentioned anything about it in the reviews.