Hey BP community,Just wrapped comprehensive analysis of Miami's 2026 rental market.

Anyways a more comprehensive ideas of pitfalls and funds necessary for contingencies would be great.Thank you all for your input

Please keep me in the loop if you develop something comprehensive.

Thanks for the overview.

The layout allows for an easy addition over the garage, potentially adding 2 unitsThese units could generate approximately $36,000/year at $1,500/month rent per unitFinancial Overview & Valuation: At current income and stabilized rents, the property offers a 6.5% cap rate on a $700,000 valuationRenovations and addition of two units would cost approximately $350,000Post-renovation, the ARV (After Repair Value) is projected at $1.4 million, with the potential to double the annual revenueRun Your NumbersWith the current market pricing in the mid-$600,000s and being on the market for only 30 days, 5000 Florence Ave represents an exceptional value and scaleable opportunity.

They know cost segregation and will prepare a very complete, comprehensive, well documented study regardless of whether the taxpayer can use the deductions or not.Let me know if you would like some recommendations and I can forward you some contacts.Joe

Quote from @Denise Supplee: Hi @Fred McKinley Hughey, For a comprehensive foundation, I’d focus on a mix of books, podcasts, and practical learning.

I also like niche.com for a high level overview of a neighborhood but if you're serious about the opportunity you should drive by the property and around the neighborhood to see if it's a good fit.

I'm looking for a bit more dedicated time to analyze for example, my top 3 properties so that's why I'm thinking of paying for his time, since it'll be a bit more targeted and in depth than just an overview of the market. 

This is a solid overview of what a good property manager should cover.