A great place to start.It depends where are you looking for, rentometer and zillow are sort of accurate in areas with enough similar comparables, if that is not your case, you have to rely more on look property by property to see if those are similar than yours.As agents we have access to history so that sometimes helps, if you have one, I would say to rely on his/her data.Investing is a very analytic job so I always recommend to run your number even when you have someone that is helping you.

People inquire but don't follow through because they're comparing tons of options.

I also factor in CapEx and reserves early, even if it is a rough estimate, so there are fewer surprises later.For quick screening I look at cap rate compared to local norms, price per unit versus similar properties, and a rough cash on cash return.

I’d really appreciate hearing from anyone who has used low-down-payment + early refi strategies, OR compared this approach vs. waiting and saving longer.

If you want to level set fast, ask the seller for the trailing 12 months income and expenses and the current rent roll so you can compare their cap to actuals.

Just a thought for those comparing the two acitviies.

Totally get the analysis paralysis — STRs can look amazing on paper, and then the “yeah but…” list starts stacking up fast.If Atlanta is where you want to get started, I wouldn’t write it off yet… but I would widen the lens a bit so you can compare ATL vs. alternatives with the same math and assumptions.

I did my own research and it looks like the odds of HUD approving the shortage is high since it's such a small amount compared to the purchase price, it's being purchased on the market, for a good fair price and the buyer, myself, is ready and clear to close at this point.

Know that your electric bill is going to go up but when you compare it to fuel costs, it should still be lower and more convenient for the tenant.

I’ve also noticed room-rent strategies penciling better than traditional 2–3 bed unit rents in certain neighborhoods.Would be great to connect and compare what you’re seeing on the lending side vs what I’m seeing on the acquisition side.