I wanted to see if anyone has experience with or owns any properties with knob and tube wiring and what I should do.

That's looking at it through a narrow lens though, when you zoom out to 5-10-15 years down the road and calculate the difference, in my experience the appreciation has been far more beneficial than the $200 difference per month in cash flow from a different market.

The better the rates, lenders generally want to see more experience, higher credit, occupancy and DSCR requirements. 

Maybe start with small meetups or forums in your area (or Gulf Shores) to learn from others' experiences.

Taylor has extensive experience with investment properties and creative financing solutions, and he’s great at finding options tailored to unique situations like yours.If you’d like, I can share his contact info or make an introduction.

@Devon ShivesFrom my experience, If you're considering a cash-out refinance, negotiate for a smaller amount to keep the increase in your mortgage payment manageable.

These markets don’t experience extreme price swings, making them ideal for a buy-and-hold strategy with reliable cash flow and minimal volatility.On the other hand, Houston, DFW, and San Antonio are experiencing rapid growth due to continued job and population migration.

I very well could have done it the wrong way, but this was just my experience.

How has your experience been so far with out-of-state investing?

We had to move fast and initially decided to sell it, the relator who was helping us somehow convinced us we should make it a rental property......... and let her be our tenant (insert face palm here) so since we had no real estate experience and we were already moved away, we agreed.