This home was located in a zip code that is notorious for its ultra-modern design (though those homes are still sitting for sale).

While I am normally in the do-not-sell camp, in this case it might just sell and buy at the new location.

The location is key, with easy access to transportation, parks, and the rich cultural heritage of the area.

While you building your score you will be looking for land to buld a home on and jerome will be telling you how to go about finding best location to buld the house the best criteria  to use to pick that locTion and thw price point you want to pay.

@Ronald RohdeThe property is located in TX, near Houston if that matters.

It’s located in Midwest City Oklahoma, rent for this house works easily be $850/month.

@Tove Fox hope you find this copy & paste useful:)-------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I’d love to hear your thoughts and advice on this Team,more information here....Property Location: South FloridaRent 1 unit $1500Rent 2 unit $1200ARV: $500kPurchase price $380-385k. 

If it's a good asset(meaning primarily good location), you eat the 5.3% cap no problem you own the physical asset.

Weather differs depending on where properties are located and even snow accumulation within the same geographic area will vary year to year.