It might have areas that will continue to do well and others that will go down in its popularity so I would tend to look in areas close to home and that area in high demand, has a diverse economy, population rise, and job growth, and talking to experienced Agents and get their opinions if I was looking at it long term. 

Bigger Pockets is the best way to go when reaching out to experienced investors and getting deals done the right way.

When you do your renewal, I think it would be worthwhile to review the important points you want to get across: no pets, no smoking, pay rent on time or consequences would be X, take good care of the house, you will respond in x amount of time for repair requests.

Finally, bring your deals here so the more experienced investors can help you get your deals done right.

First, utilize all the free resources on here to gain valuable knowledge from experienced real estate investors.

There is a wealth of information in the podcasts, blogs, and articles.Finally, when you have a deal brewing, bring it here so the more experienced investors can help you structure and close the deal correctly.Happy to help any way I can.Congratulations and I wish you the best in your real estate investing career! 

If it’s worth it, perhaps get an attorney to review.

On Bigger Pockets, you can reach out to experienced real estate investors while getting deals done the right way.Congratulations and I wish you nothing but success.

BiggerPockets has a wealth of information for new and experienced investors. 

And yes, it is best to use guidance of an experienced CPA, get a tax professional who specializes in real estate on your team.