EDIT: To clarify, have your agent schedule a showing and go through the proper steps to go in vacant houses, don't just "go into vacant houses"

Collin -Go on HomeAway, VRBO and/or Airbnb and look at the calendars of comparable short term rental vacation home properties in the area of the home you are considering purchasing.Here in the Orlando area, the nightly rates and occupancy %s for homes that are new or newly renovated with fun amenities are significantly higher compared to those that need renovating and offer limited fun amenities.

Last night I listened to BP Podcast 311 with J.

At the city council meeting last night, there was a lot of talk about the Bert Harris Act/Private Property Rights Protection Act, and the number of lawsuits that would follow in the wake of this ordinance if it passes.

I have SFHs and a few small apartment complexes, but this would be a first for me.Quick run-down:45 lots, with no room to expand18 full - 15 POH and 3 paying just lot rentPublic Utilities, proper zoning, paved streetsSmall town, around 45 minutes from any sizable town; around ~2,500 residents that are mostly blue collar, lower incomeI believe lot rent should be around $250-300 per spot once full and stabilizedCurrent asking price is around $200k, with expenses running around 35-40% of gross incomeMy initial plan would be to give all POH to the current tenants if they agree to re-sign lot leases and update all utilities and other facilities as necessary in order be prepared for additional homes being moved in.  

@Colin Youn You might want to read these: How to Effectively Conduct Joint Venture Agreements as a Real Estate Investorhow-do-i-properly-construct-a-purchase-with-a-partnership591376-create-an-llc-for-first-partnership-best-way-to-do-so526244-taking-on-partner-s-and-limiting-our-liabilitesPrepare your partnership with these questions first:questions-for-capital-partners/real-estate-partnership-questions/questions-ask-investment-partners/If you decide to proceed, I think you should have an LLC formed going in a limited partnership with your(s) partner(s) LLC.

Do they have all the programs to properly take care of all their needs?

I live in the East side of Tucson and since moving here in June of 18, notice that investors buy these houses at a price that doesn’t allow enough $ for a proper rehab.

Properly screening them.

I'm curious as to best practices people might use to evaluate market value properly.