Most importantly, it has to be in a B or A class neighborhood.We only do light rehabs. No rural properties. Should be NEAR a bus stop if possible. No HOA if possible. ( Sober living homes and their tenants are a protected class. We pick our battles) Has to be near a major metropolitan city. Can have negative Long Term Rental cash flow.
Ask yourself, would you move your whole family to the neighborhood?
If you answered "NO" then we do not want to move into that neighborhood either.
The closer to move in shape the house is, the better the deal looks to us.
We ask a lot of questions in this survey. If you do not complete all the necessary fields, then we are unable to look at your deal.