Quote from @Kaleb Dodson: Do a deep dive on properties until you're really familiar with the market, then figure out the relationship between rent and purchase price.

I have built out a home theater in my primary home in a shared space and I am about to redo it this next year so I am neck deep in design in a new dedicated room I am building out.

(e.g. fire extinguisher in each room, deep well windows for basement rooms, fire alarms with central station connection, fire escape for second floor rooms?

I ran into this recently for a property I own in Berwyn, and I had to dig deep to learn more about this. 

Sue deep pocket developer if less than 10 years in addition to this guy and the HOA AFTER you get some evidence in writing.

So I am a few deals deep and this will be my fourth long-distance deal. 

But honest elderly occupants aren't hard on the house but don't do a lot of deep cleaning and may have some mods in the bathrooms.  

If there are no new jobs, it must still be a population influx and someone has to pay it.Section-8 (The American Taxpayer) has deep enough pockets to absorb rent increases.Maybe a lot of Section-8 people have either moved there from elsewhere (such as gunshot Chicago, which has to be scary living there), or a lot of Cradle to Grave welfare recipients are turning 18, or the Prisons are being emptied early due to some kind of political push.Increase in demand causes higher rents. 10 applicants for every unit, vs 1 applicant every 6 months--where would you feel more comfortable about raising your rents.

With my current market, I am determined to have a solid understanding of:Which owners will not sellWhich owners will consider sellingWhich owners will surely sellSo, instead of widening my market and increasing the prospect pipeline, I have decided to go in as deep as I can into the current one.

I find that doctors, dentists and sometimes attorneys are the easiest to get venture capital from because doctors, dentists and attorneys have tons of money and they have a deep desire to invest their money, but they don't want to manage projects and they don't have the time to manage projects.