Yup, this would be the best practice.

Financial IQ is made up of knowledge from four broad areas of expertise: Accounting Investing Understanding markets The Law A corporation earns, spends everything it can, and it taxed on anything that is left.

I don't have the legal or underwriting expertise, myself. 

The market rents are a valid source of income to list.Other than that at the moment,  the previous replies make practical sense.You might look onto FHA loans also, but I am.not versed in its application to multis.Much success!!

Obviously a revamped health club, you could take down walls between the racquetball courts to have other uses; 20' tall rock climbing walls, pickleball, practice rooms for local clubs and teams, an adventure park or entertainment park. 

I see other landlords around me in low ball battles, practically giving their properties away, 1 month free, no deposit, etc and I raise my rents every property based on having a newly rehabbed and updated property, and I may not get as many calls, but the calls I get are the ones who want to pay a little more for a better property. 

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

@Alex Bok Thank you, the main reason we've been able to grow is through people who have been so generous with their time and expertise.

I am looking for some advise on the best way to practice evaluating deals virtually while I continue to work on building up my position to invest in long term rentals.

(Again Ceasar I would deffer to your expertise on that).