Two quick moves: pick one lane for the first deal (simple buy‑and‑hold or a light rehab) and set a tight buy box so you’re not chasing Austin and Shreveport at once; then sanity‑check rents and expenses with a local PM in your chosen market before you underwrite anything.Given your $25k, which market do you want to test first, and what’s your buy box for that first property?

Two quick moves: pick one lane for deal one (simple long‑term rental or a light BRRRR) and set a tight buy box in one market so you can underwrite 5–10 listings a week and sanity‑check rents with a local PM.Of Indiana, Kansas, Alabama, and Pittsburgh, which market do you want to test first, and what’s your initial buy box (beds/baths, rehab level, rent target)?

The borrower didn't move forward because the rate increased due to the lower DSCR, and the borrower was receiving less cash out.This property was part of a larger portfolio that my client was considering refinancing, but wanted to test the waters with 1 property first.

If the property is non-renovated, only utilize rent data from non-renovated properties.

I’ve tested a few, but Baselane has been the easiest for small portfolios.

Two quick tips: pressure‑test demand by talking to local senior centers and PMs about waitlists, rents, and must‑have amenities, and get a quick consult with an attorney on the 501c + LLC structure so your mission work and investment ops stay clean and fundable.What’s your first move—pilot a single 55+ rental in a target neighborhood or draft the nonprofit/LLC outline to share with potential partners?

Have a good (court-tested) lease in place3.)

.• Stress-test for higher insurance and taxes (they're rising almost everywhere).• Never assume short-term appreciation to bail out thin cash flow.6.

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 have questions about how to find data about demand and how to price the rooms.