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.

One big indicator That the market can be in trouble next year 2021 is mortgage delinquency,  over 2 million people are over 90 days delinquent on their mortgage as of now . 4 million people in total. unemployment levels are still high, and seems like a lot of people are moving out of the expensive markets and moving into more affordable markets now that working from home is available.

As everyone above has stated the Cap rate give you a picture of value but is a better indicator once you move into the commercial realm.

However, we have a multi-family property and, though the leases indicate that the pest control is the tenants' responsibility, we do have the property treated quarterly as a "courtesy" and for some level of consistency.

, "What would be an indicator for a good time to go into my first deal?"

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.

They strictly indicated that address cannot be used for any other purpose - including EIN, IRS and bank purposes. 3) As such for creating an EIN, property tax and bank account purposes - i will need to use my personal/primary residential address in Chicago. 

I had one come back where the appraiser counted the wrong number of bedrooms and square footage and used all photos from the previous listing indicating they had never been in the home. 

Industry diversity is also another important factor that can be a good indicator for the stability of a market.

If it turns out that the rent is below market and the tenant decides to move to Texas, I would raise the rent to market and place a new tenant once they leave.If the tenant ends up staying after going MTM and the rent is below market, I would indicate you plan to raise the rent and see if they want to resign for fixed term.