You can renovate a kitchen, but you can't move a house. Look for "hyper-local" markers of a healthy rental market: The 1% rule in real estate | Rocket Mortgage
: Monthly rent should ideally be at least 1% of the total purchase price (including initial repairs). buying first rental property tips
Don’t guess your potential profit. Use these standard industry heuristics to quickly filter properties: You can renovate a kitchen, but you can't move a house