First come first serve :)If I was a potential tenant and I came to look at my property where one unit looks great, but the others look liked a crime scene, that would most likely have a negative impact on how I feel about renting that property.

Weeds out a lot of the competition.

On a primary residence you should be able to find a bank that won't charge you any fees for the line since its your primary residence and many banks = more competition and less fees.

I just don't see them as competition and they certainly won't put me out of business.

Hi everyone,I'm very new to the investment scene.

Less competition means better opportunity to chip away at that $300k purchase price.

So there will be a broad range of flooring that you will read about here on BP.Check what the competition around your unit is doing for flooring, and offer something similar but still durable - it is a rental after all.

When you buy a b class multifamily property, there is really very little competition going forward, because no one can reproduce that property.

Obviously, there are still other factors, but things like over-building are less likely to counteract the socio-economic and population trends, as new construction is rarely competitive for rental units.So, the metrics you list above are much more likely to help you determine whether market demand and cash flow will remain strong as opposed to whether values will increase and what extent.The problem is, the property you've been discussing won't likely cash flow at all.

And trust me the more you understand title searches the more lead sources you will likely create that your competition doesn't know about.