Lastly  I would start comparing purchase prices with monthly  expectations utilizing sites like Airdna which , I believe if you are a pro member there is a code in Bigger pockets resources fo save a few dollars a month for their data.

It's almost a total gut job with some major pieces that will need to be done to bring it up to code.

@Sam Giberti a lot of newer investors stress themselves out over PMI, but the opportunity to put down as little as 3.5% is really an incredible cheat code for new investors.

If not, hit right click and go to the source code.

 #11 on this list...https://finance.yahoo.com/news/50-housing-markets-turning-ugly-090000594.html

This area in general is following IPO Tech boom and Nasdaq volatility, If nasdaq is reaching ATM new set millionaire is added and supply o less than 8 S per zip code is taken pretty quickly. 

I've been riding around neighborhoods in my city and collecting a list of homes with code violations.

Investor X sells the property in Vail and all of the depreciation stank from the 1031 magically dissolves itself under the 121 code, thus allowing him to end the trail that would normally go to a stepped up basis upon his death.  

Check your local Municipal Codes & Ordinances.

It may guide tenant behaviors, but the ultimate responsibility is yours.We don't have inspections (except for section 8) Code enforcement may cite someone in this area for not cutting grass or a porch falling in.