Cashflow neutral in some cases is ok, but I recommend starting with a solid base hit, get some passive income, in a home in a boring area with jobs, schools, low crime and has had major systems updated recently or new (AC, Furnace, Water Heater, Roof). 

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.

Usually increasing the rent is a major topic & when to do it..

This signals a major shift from the low inventory, high competition market that has been seen since the start of the pandemic. 

On paper, the new tenant looked great — worked for a major healthcare provider, decent credit, stable income, low debt.Two months in: late rent.

I have used every major bank and they are all the same, I recommend using the one that has the closest branch to you.

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.

I will say that I am currently looking for new carriers as well as insurance rates here have gotten insane and most major carriers aren't writing many new policies; especially builders risk etc.

Bonus: If you've found a tool/hack that solved a major pain point, please share what it was and how much time it saves you.Looking to understand where the biggest opportunities are to build something genuinely useful for this community.

We all found out that there is a major flaw in that logic.  2021 was the highest number of visitors ever to the GSMNP - around 14 million.