these tenant friendly laws seldom matter because the vacancy is so low the tenants want to stay in their units and realize an eviction will make it challenging to ever find a quality rental in this market.  

This strategy can allow you to scale into a bigger or better-quality property while maximizing your equity.When to Start Looking for PropertiesStarting your search before listing your current property is a smart move.

They will be able to give you some sage advice that would work for your specific buy box.Johnathan - thank you for the tip.

looking to accurate my rehab costs calculator, specifically in the Pittsburgh area.Of course, It varies from one investor to another, depending on the quality, standard, size, condition, and team.I am looking to get a range or see how much you pay for each remodeling. 1) what's your range for remodeling a kitchen completely (granit, backsplash, tiles, etc)?

For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

Any tips on how to look at the numbers to see if it works?

Typically the quality of applicants in the winter months drops substantially as well. 

@Joy McQuearyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

We're particularly interested in finding off-market properties that could use some TLC to bring them up to their full potential.Does anyone have tips on the best strategies for finding these hidden gems?

He kept in touch with local contractors, and one tipped him off about a homeowner who ran out of funds mid-renovation.