General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
Introduction and Advice Seeking
Hi all, I am currently a PhD in Michigan with approximately 2-3 years left. I am new to real estate investing. In the near future after PhD, I will likely be on some short-term contracts (ranging between 1-3 years) and likely will be moving to different places in the US. I start to have the following idea. I purchase townhouses or condos when I am at a place, live in there while I am there, hopefully, upgrade the property and when I leave, I leave those properties for rental. I wonder if this plan is a reasonable plan? and if you may have any thoughts or suggestions?
Many thanks.