All Forum Posts by: Jeff Wagner

@Account Closed   If you are willing to share, I'd be curious to see what the numbers look like on your property?  I'm OOS and visiting Huntsville next week to check out the market, but have heard your same story.  The housing market is on fire.  The difficulty from an investment standpoint that I have observed is that rents cap out at about $1750/mo, as this is in line with highest military stipend, thus dont meet the 1% rule.  There is solid employment and relatively high income, so it seems many locals would rather own than rent.

I've been researching and analyzing Huntsville and am planning to visit next week.  Regarding the small MF element, I agree with Dave's thoughts.  None of the small MF's have penciled and dont appear to be in the path of growth and/or appreciation.