Luckily, Fayetteville is non-rural, so there's a good chance the Lender will find sufficient comparables to warrant a strong value.Regarding the seasoning period to show NOI for a cash-out refinance, the Lenders I've encountered typically compare what the rents collected are vs market rents, and usually go off of the lesser of the two.

Recently received an update from my realtor that several appraisers are passing on the building and 1 in particular even called my realtor and shared information that he shouldn't have, such as: inquiring if there is a relation between myself and the seller, agreed numbers are strong but shared it will not appraise for what I'm paying and to reconsider me being in the deal and use the appraisal as a reason to get out of the deal...really odd and the realtor agreed.My question is, why would appraisers turn down the 4 unit building and why would that particular appraiser share so much and then not be the one to do the job?

Based on the comments, it seems like knowing how to hire right and bring in a strong team is one of the key pieces to getting all the areas you mentioned taken care of effectively.

Hi @Gordon Hee The Orlando rental market is virtually always vert strong.

The rental market is strong because there aren't enough quality homes for buyers to purchase and many who migrate here for work are relocated with short notice so they don't have a year to wait on building something new. 

@Kyle WineyI’d strongly suggest if you are a newbie AND long distance, do not try to buy at a judicial sale.Learn the process for tax delinquent properties.

Take natural disasters into account (more hesitant to invest in areas were theres lots of hurricanes, tornados, fires, etc.)CURRENTLY, i've weeded it down to about 20 states Im curious to know how others conduct their research to build strong bias for a specific market.

Originally posted by @Soheil Naimi:Majority of the data I see and hear about is indicating 2022 to be positive for real estate.I think most of 2022 will be strong, but beyond that, it just can't continue.

I have a strong desire to help other people not live an ordinary life.

But I would strongly suggest you stay away from Gary "proper" for any kind of rentals.