finding land that relatives bought years ago.. inherited owners just dont know what it is or have even seen it.. dont want to pay tax.. and will sell for quick cash at signficant discount to market.. buy and then market and resell..

Protecting yourself from any future issues will require a good understanding of the situation your house is in when you buy it.Tl;dr: crime here is relatively low, declining population numbers don't take students into account, properties are cheap, rents are high BUT be careful where you buy.This concludes my TED Talk, ha!

After that you'll want to see what sub-market/zip code might make sense given the relative rent/price ratios.

I can 100% relate with you.

We use DealCheck to underwrite deals and QuickBooks Online for everything related to accounting and numbers.Classes allow for separate P&Ls for each property.

There is no given answer here, because the whole property needs to be relatively consistent.Kitchens and baths are the common answer, but if they are passable and you choose to invest in them anyways at the expense of peeling paint (or off putting exterior color) and overgrown landscaping, the appraiser and tenant will be walking up with a bad taste in their mouth, thereby not valuing the interior work you have done.But think about the general flow of someone looking to rent: more bedrooms will typically dictate more rent.  

Invest in a relatively close, lower-cost market.

So you'll see a higher overall income per household because the household size grew relative to the price point.

I will answer as it relates to traditional BRRRR, in the general case there are additional options.  1) Do not perform maximum cash extract.  

Here are the details:- Current occupancy with a monthly income of $2,750- Purchase price: approximately $145,000 (putting 25% down, around $36,250)- Location: McKeesport, PAAs a relatively new investor with two properties in different states, I'm looking for guidance on how to analyze this deal.