--- title: The Dos and Don’ts of Choosing a Profitable Rental Property description: Buying a rental property is a smart step toward building long-term wealth. Here are our biggest do's and don'ts for choosing a profitable rental property. image: https://www.hometeampm.com/hubfs/Imported_Blog_Media/profitable%20rental%20property.jpg --- [![Group 5068](https://www.hometeampm.com/hubfs/Group%205068.svg "Group 5068")](https://www.hometeampm.com) - [About](https://www.hometeampm.com/about/about-hpm) - [Our Company It’s been over 20 years and our goal hasn’t changed](https://www.hometeampm.com/about/about-hpm) - [Our Team Meet the Home Team Property Management Team](https://www.hometeampm.com/our-team) - [Why Choose Us No matter your property management goals, we will get you there](https://www.hometeampm.com/why-choose-us) - [Careers Take a look at our open positions and feel free to submit an application if your experience is a match](https://www.hometeampm.com/about/about-hpm) - [Vendors We are continually seeking out qualified, professional vendors to fulfill goods or maintenance contracts](https://www.hometeampm.com/about/vendor-relations) - [Connect With Us Reach out to our expert team to see how we can assist you with your property management needs](https://www.hometeampm.com/contact-us) - [Testimonials Read HomeTeam Property Management client testimonials here](https://www.hometeampm.com/testimonials) - [MANAGEMENT SERVICES](https://www.hometeampm.com/management-services) - [Residential View our residential property management services](https://www.hometeampm.com/management-services/residential-management) - [Commercial View our commercial property management services](https://www.hometeampm.com/management-services/commercial-management) - [Marketing View how we market your property to prospective tenants](https://www.hometeampm.com/management-services/marketing) - [Accounting We specialize in complete financial services for our property owners](https://www.hometeampm.com/management-services/accounting) - [Maintenance Property maintenance is one of the most important aspects of maximizing your investment](https://www.hometeampm.com/management-services/maintenance) - [Leasing Our leasing department utilizes the latest in application and credit screening procedures](https://www.hometeampm.com/management-services/leasing) - [Free Rental Analysis Get a free rental valuation of your investment property](https://www.hometeampm.com/management-services) - [Get a Quote Learn how much it would cost to manage your property](https://www.hometeampm.com/management-services/getting-started) - [OWNERS](https://www.hometeampm.com/owners) - [Marketing Your Property Learn how we market your property to ensure the maximum exposure to qualified buyers](https://www.hometeampm.com/owners/marketing-your-property) - [Renting Your Property We provide you with guidance on how to ready your property to compete in the ever-changing rental market](https://www.hometeampm.com/owners/renting-your-property) - [Maintaining Your Property The best approach to maintenance is preventative maintenance, and this is HomeTeam Property Management policy](https://www.hometeampm.com/owners/maintaining-your-property) - [No - Eviction Guarantee We are so confident in our tenant selection process that we include a No-Eviction Guarantee](https://www.hometeampm.com/owners/no-eviction-guarantee) - [Free Rental Analysis Get a free rental valuation of your investment property](https://www.hometeampm.com/owners) - [Owner Portal Login Sign-in to monitor your account](https://hometeam.appfolio.com/oportal/users/log_in) - [Get a Quote Learn how much it would cost to manage your property](https://www.hometeampm.com/management-services/getting-started) - [TENANTS](https://www.hometeampm.com/tenants) - [Rental Search Find your next place to live in San Diego](https://www.hometeampm.com/properties) - [Tenant Portal Login Sign-in to monitor your account](https://hometeam.appfolio.com/connect/users/sign_in) - [Pay Your Rent Paying rent on time has never been easier](https://www.hometeampm.com/tenants/pay-your-rent) - [Future Tenants Important information for tenants wanting to lease a property from HomeTeam](https://www.hometeampm.com/tenants/future-tenants) - [Move Out We want your move-out to be a pleasant and successful one](https://www.hometeampm.com/tenants/move-out) - [Notice To Vacate Moving out? 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Whether you are just getting started or expanding your portfolio, one of the smartest things you can do is look for housing markets on the rise and invest at exactly the right moment. ## Why Invest in Local Rental Homes [Investment rental homes](https://www.hometeampm.com/tips-to-find-right-property) are a great way to turn your money into long-term income and also a rewarding personal business. Becoming a profitable landlord is all about understanding the importance of housing supply and demand. In the midst of a housing crunch, families that cannot yet afford to buy their own homes or currently can't put down roots need a supply of rental homes in every city and neighborhood. By investing in homes, you can flip shabby houses back into welcoming homes and increases the supply of rental homes in high demand. Simply pick an area with low-cost homes and a rising population and build your portfolio of profit-generating properties. With great screening and management, you can enjoy many years of collecting income and [meeting great tenants](https://www.hometeampm.com/property-managers-long-term-renters) while building yourself a nest egg for retirement. Investment rentals can also be repurposed into vacation rentals, which can be even more profitable but require a higher degree of management.  ## Rental Investment "Do's" ### Look for Modest Homes Near the Best Schools One of the best ways to get a high-value deal is to look for modest or small homes in neighborhoods near the most acclaimed schools. Family tenants will be eager for an opportunity to rent where their kids can get a great education. ### Investigate the Surrounding Suburbs Many local professionals and families don't actually live inside the bounds of a city itself, they live in the suburbs surrounding. You want to keep your search broad, considering that acceptable commute times for a comfortable residence are getting longer. Potential tenants are looking with a broader radius for homes to rent. This is good news, as it widens your options. ### Prioritize Homes Near Parks and Walking/Biking-Distance Amenities Many millennial professionals enjoy bicycling for recreation or instead of driving and the trend is only getting more popular. Between the beautiful parks and paths around the city and the increasing bike culture, it's a good idea to prioritize homes near beautiful parks and with shops, schools, and markets within a short walking or biking distance. ## Rental Investment "Don'ts" ### Investing in Unique Homes Around most cities, there are a few neighborhoods where everyone builds their own home in their own style. This is often good news for rental investors because non-cookie-cutter homes are more appealing to tenants. But be careful about choosing homes that are too unique. They may have features that are less appealing to the general tenant audience. ### Choosing a House with Difficult-to-Maintain Features Likewise, watch out for home features that are more challenging to maintain than others. Special kinds of windows, special types of roofing material, or constructions in the yard that you're not familiar with can all pose a challenge in the personality-rich neighborhoods of your chosen city and the surrounding area. ### Buying Near Neighbors with Renter-Unfriendly Yard Choices Finally, be cautious about the neighbors to your rental homes. Some neighborhoods are rich with individual personality. Some people keep chickens, beehives, and other unusual choices in their yard even well into the city. But these things can make renters uncomfortable. So try to choose homes that have relatively mild neighbors. --- Buying rental homes is a fantastic decision, especially this year. Here at Hometeam Property Management, we can help you identify valuable local homes to invest in for long-term rentals or quick turnaround. If you're considering expanding your property portfolio, [contact us](https://www.hometeampm.com/contact-us/south-bay-office/) today! Our team will happily help you find a few choice properties that are ready to become your next investment rental home. ![icon](https://www.hometeampm.com/hubfs/Home_Team_2022/Group%205168%20(1).svg) #### SUBSCRIBE TO RECEIVE THE LATEST NEWS Stay in the know with the latest news form the leaders in property management ### Subscribe Here! ### Popular Posts #### The Great Pet Debate: To Allow Pets In Your... | HomeTeam Property Management | 30 January 2020 When you become a landlord, it is up to you to decide what you will... [READ FULL POST](https://www.hometeampm.com/blog/great-pet-debate-allow-pets-in-apartment) #### What Counts as a Rental Home Maintenance... | HomeTeam Property Management | 11 November 2020 Tenants are often shy about calling for repairs from their landlords... [READ FULL POST](https://www.hometeampm.com/blog/what-counts-as-a-rental-home-maintenance-emergency) #### How Many Pets Should Be Permitted Inside Your... | HomeTeam Property Management | 16 June 2020 It's estimated that 67% of all families in the U.S. own at least one... [READ FULL POST](https://www.hometeampm.com/blog/how-many-pets-should-be-permitted-inside-your-property) ## SIMILAR POSTS #### Property Managers: More Tips to Find the Right Property to Buy | HomeTeam Property Management  | 26 September 2017 Once property managers decide to invest in rental properties, they need to find the right one. This... [READ FULL POST](https://www.hometeampm.com/blog/more-tips-for-property-managers) #### Five Ways Working with a Property Manager can Actually Save Owners Money | HomeTeam Property Management  | 15 May 2018 If you own rental properties, it can be a headache to keep all details, emergencies, and day-to-day... [READ FULL POST](https://www.hometeampm.com/blog/working-property-manager-save-owners-money) #### 5 Ways a Property Management Team can Keep Your Tenants and Properties Safe | HomeTeam Property Management  | 24 January 2012 If you are a property owner looking to rent out units, it can feel like a lot of responsibility... [READ FULL POST](https://www.hometeampm.com/blog/property-management-team-keep-tenants-properties-safe) #### Property Managers Tips on Tenant-Proof Ways to Increase Rental Property Value | HomeTeam Property Management  | 18 August 2017 Although new appliances, countertops and carpet provide a nicer home for tenants, such upgrades are... 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