They get snapped up quick.When someone is trying to "help" a relative or friend to get a lease, that should be the big indicator that you should NOT rent to them.Maybe I sound a little cynical or jaded.

But if there's an indication that its reached the top then maybe consider not pulling the trigger.

There have been several articles/blogs here pertaining to 2021 areas to invest in, check those out as well.As far as cap rate - to me this is not absolutely critical in the buy or not buy decision but rather one input/indicator as part of the process simply expressing a sentiment of demand for a given sub market. 

Open cabinets, turn on lights, run disposer, open blinds (to verify no broken/cracked windows), look at angle stops behind toilets, dripping underneath sinks, chewed up corner baseboards (indication of dogs)......

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.

But some recent court rulings have indicated that the IRS is warming up to the "dissolve the LLC first" format.It can work either way

The Game Stop Wall Street Bets people did not realize the double meaning when they put this up in Times Square in NYC:(My scientific meme research indicates that it was a meme in the /r/wallstbets context as of March 2020, referencing the noise a money printing machine makes, but it's been around these parts for over a decade, and also has a sense of money printing in this context too!)

Not indicative of something that was just serviced.

You can average out the past years performance as an indicator, but it's not guaranteed to perform that way - COVID was a clear indicator last year of this!  

Those could be good indicators of how well they could weather the self-employment storm.Additionally, I would personally consider doing a shorter term lease, like a MTM lease from the get-go.