One mistake I think many new landlords, myself included, make when starting out is that they don't think about WHO they want to rent to and WHAT unique value / amenity they have to offer those renters.This got me thinking, what are the different types of renter profiles and how are they different?

This is a truly unique gem!!!!

Then invested the next 10 building an organization that is unique in the world of real estate coaching in that our coaches get paid when their protégés make money.Not here to sell anything, other than a philosophy that there is a right way, and a wrong way to do this business.

As I stated above I took the comps in the subdivision and took 20% right off the top to come up with my MAO which is $63K (there was not a huge number of comps to work with - 5 if memory serves me correctly) ...I thought I was being conservative and do not want to tell a perspective owner "once you fix this place up it will sell for $130K all day long"... because it IS in a unique area, it IS rural and not everyone wants to live this far off the beaten path. 

I received a unique lead last week that isn't in my investment area.

I specialize in assisted-living facilities, and was considering that as a possibility.Bill- It's been vacant since January, allegedly because of a medical emergency-type issue.Nik- It would have to be all cash, as all the banks I have spoken to say no way!

The first 50+ houses I flipped I didn't do anything other than ensure that everything was new, and buyers were fighting over the product.Then, when I moved up to higher-end properties (and no-longer first-time homebuyers), the necessity for more unique features was required. 

My job gives me a unique view of the layout, crime and ability to speak to the residents.

Louis market offers a unique advantage because of its relatively low prices in working class areas.

I know concrete floors (and countertops) can be found in some unique and higher end projects, but I don't think a run of the mill family would necessarily want concrete floors.I have to agree that wood floors are more "homey" and comfortable, and if I were personally looking for a place to rent, I wouldn't be thrilled with concrete floors.