The don't finance evert repossessed property but usually only the ones in the best condition.As far as being a Real Estate Professional for IRS purposes, its hard to do as it requires a minimum of 750 hours a years devoted to real estate. 

Therefore cap rate has no meaningful purpose in single family. 

In central Jersey there are decent condos and townhouses that have decent rent to price ratios.So for you purposes it is best to look into the areas that YOU know best.

Hello BP Family,I am looking forward to buying a STR in Pigeon Forge Area for the purpose of Cost Seg.

Each stage answers one question in the buyer or seller’s mind and points to the next step.Why it matters:Consistent lead flow: traffic turns into conversations on purpose, not by luck.Better lead quality: offers and messages match the right stage.Less wasted time: you focus on people who are moving forward.Easy to measure: you can see where the drop-offs happen and fix them.How to Do It RightStep 1: Define one audience and one outcome – Pick buyers or sellers, and choose one clear goal.

It’s really helpful to see an actual deal comparing conventional financing vs Subject To with a Tenant Buyer.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Also, compare it with AirDNA or Mashvisor data for a more accurate view.

Quote from @Barbara Peluso: I am considering an out-of-state multi-family home for cash flow purposes. 

the purpose of a house hack is to build equity.