We would like to hold this property long term (10 years or so) so we want to fix it right.

But it's on your website?

First, doubling NOI is not an easy task unless the property you bought was VERY distressed or you're going to hold it for 15 years.Second, this idea ignores the fact that cap rates fluctuate.

Can anyone point me to any websites or tools to find local rental vacancies for analyzing the market.

Investment Info:Townhouse buy & hold investment.

Hold onto that license—it's a versatile toolkit, not a constraint.

I've set up a TX series LLC as a holding company that holds the rental properties. 

Investment Info:Single-family residence buy & hold investment.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I own two fully paid out single family homes through a 1031 exchange, my original thought process is to keep them long term since that's been what I've done in the past, however I am contemplating changing my strategy...