If you are unable to find a strong team, go to another location.You and your team evaluate individual properties based on: price, rent, time to rent, rehab cost and risk, average tenant stay, probable maintenance cost, etc.SummaryI covered a lot of material in this post.

Get to know what rents are in whatever market you're considering so you can better evaluate the neighborhood.

The expectation is that the investor is doing all the upfront work to research and evaluate the property. 

To me, the BP calculators are the most efficient way to do multiple evaluations quickly.

Hi all,I am wondering if I need to compensate the tenants in this situation and I am looking for your advice:Wednesday: Tenants called and informed the furnace was not working.Thursday (today): The technician evaluated and suggested getting a new furnace.

Do you want a way to evaluate potential deals, or perhaps you want a way to measure how well you are managing the properties?

When evaluating multifamily properties, a grading system is used to classify different assets.

So out of curiosity I logged on to see what a new tenant can rent an apartment here for.

@Andy Freeman you could live with family for a couple years and buy a bunch of out of state rentals that cash flow then re evaluate at that time once you have all that money coming in from those.

I have thoroughly evaluated the pros and cons to getting my real estate agent license and it is definitely something I'd like to pursue.