Lease price, structure, length and longevity of the current tenantsCondition of the capex items including the roof, structure, water tank, furnace, ac, appliances etc.Their experience with that zipcode/pocket if they are an active realtor

Explore ways to balance your real estate portfolio and mitigate risks by exploring different property types or locations.Exit Strategy: Have a clear exit strategy in mind.

This is the short term path3) Actively pursue this option while number 2 is in place4) If you struggle with 3, then try this. 

Keep in mind that they will be looking at your tax returns.  

It gives you peace of mind knowing that you have something in place should you need it and is somethign our new investors find helpful.  

This is just my humble opinionKeep in mind that the Fed's printing has also propped up the real estate debt market, which at least temporarily prevented a correction in real estate prices.

Thank you Min for the insight I'll keep that in mind.

Keep in mind that the land has water front view, so I had my team create a beautiful image enhancing to showcase the land and more.

A lot of people getting into rentals may have a wildly misunderstood number in mind or no number at all. 

If you are an active agent or a sponsoring broker who has some nuggets of experience to share, then please let me know!