Welcome to BP, and congrats on the progress you’ve already made.

I usually will pull in 5 similar homes most recently sold and evaluate each of those on a per square foot basis to determine current selling value for an area.  

For commercial real estate and deal evaluation, Commercial Real Estate Investing for Dummies (despite the title) breaks down underwriting, market analysis, and valuation in a way that’s practical and not overly simplistic.

This experience underlines the importance of carefully evaluating the unique benefits of any educational program, especially when similar resources might be available elsewhere for a significantly lower cost.

Realistically, for 2-4 units right now, the cash flow "sweet spot" is in neighborhoods like Linden or the South Side where the path of progress is moving, because straight long-term rentals in A-class areas are a tight squeeze without a solid value-add strategy.

Cities (Livability.com 2019)• No. 7 among top 10 U.S. counties in job creation 2017-18 (Economic Innovation Group & Labor Dept. 2019)• No. 7 among America’s Best Small Cities (BestCities.org 2018)• No. 13 among top 50 cities for economic opportunity (Yelp.com 2017)• No. 1 State with lowest overall Tax Burden (Anderson Economic Group 2017)• No. 5 Best State for starting a business (WalletHub.com2019)• No. 5 Top Metro for Job Creation (SiteSelectionMagazine2019)• No. 5 among America’s Top 10 Small Cities (ResonanceCo.com 2019)• No. 9 Least Energy Expensive State (WalletHub.com 2018I hope you found this all helpful in better evaluating the Tulsa OK market 

Hi BP folks,I’m evaluating a rental property and would appreciate some insight from investors who’ve dealt with city code compliance issues. 

Having that framework first makes everything else (neighborhoods, properties, etc.) much easier to evaluate and execute successfully.Once you have that in place, everything else falls into place more smoothly, and you can make confident decisions as you take your first real steps in Tampa.Best of luck to you!

Feel free to keep us updated on your progress and any insights you gain along the way.

Nothing like seeing water where it shouldn’t be to remind you that no matter how much homework you do, surprises happen.Another property developed a few leaks months into the rehab, and we eventually found out it needed brand new piping through the entire property...about $25k worth that hadn’t been accounted for in our evaluation.