The questions you’re already asking tell me you’re going to do really well in real estate because you’re doing your homework upfront.

If tenant demand stays steady at different times of year, days on market stay tight, and rent-to-income ratios don’t stretch beyond what’s sustainable for the local workforce, that’s usually the signal that the neighborhood has real depth and not just good-looking spreadsheets.A few miles can change the entire tenant pool, so I treat stability of demand as the first filter and everything else as supporting data.

I'm not familiar with dditional income.

The right team knows the inspection process, the neighborhoods, and how to protect your asset while still keeping the numbers strong.In the right markets, Section 8 in lower-income areas isn’t just “worth it” — it often outperforms market rent in both cash flow and stability.Curious to hear what rent levels you’re seeing in your area compared to market? 

Often found among the newly divorced; previously foreclosed on; those having filed bankruptcy; those having changed careers and been at their new job less than 2 years; those with an unreliable income.  

This is NOT being marketed as subdivided — just something I explored:The city indicated that the lot appears to meet current criteria for potential subdivision (R-1-C zoning, corner lot, frontage & depth meet requirements).No promises made — but it was interesting to learn that a majority of nearby lots don’t qualify, and this one might.Question to the group:For experienced investors/developers — would “existing home w/ potential for income during entitlement phase” be seen as added value?

Hey David, great question! 

The IRS still treats those payments as rental income (which you can still strategize around through deductions, depreciation, and other tax planning), no matter what label you put on them.

That is a solid list of questions.

.- Hope the 8-unit is on its own tax return, so your personal income doesn't have to be disclosed.