It is definitely a market worth looking into! 

Some of my leases need to be updated, including increasing security when increasing rent; putting in clear violations (such as tenants using electrical heaters, which is a fire hazard); having a reliable attorney ready should any legal issues arise.

If rates fall later this year as forecasted, it could be worth factoring in the possibility to refinance and bring my mortgage down low enough to continue renting it as a short term rental or consider renting it mid or long term. 

Its always worth a shot! 

Im looking to get in at 3% down on a fixer 2-4 unit, do rehab and increase 20% equity to remove PMI.

Bonus depreciation/Cost Seg studies are typically most beneficial for owners of STRs and Real Estate Professionals, outside of those ownerships you do get some benefits but it is often not worth the value in the Study and take a long time to realize. 

Hi Tiffany, I don’t think it would be worth it to provide the internet.

Anything less than that is not worth it for them.

Please share any great data sources you have found or tips on evaluating areas.My 1-year goal is to purchase 3 multi-family properties, with 8 to 40 units, at least $5000/month of initial cash flow, and some opportunities to improve operations and increase cash flow.I am hoping to forge alliances with like-minded investors to fund Win-Win deals.I am so excited that I have officially started my RE Investing journey!

Also, I am not sure it’s worth the costs since you have small homes: the studies are usually reserved for large buildings with multiple units.