Virginia indeed offers a vibrant and diverse real estate market, with its metropolitan areas presenting numerous opportunities for growth and investment.Looking forward to seeing your journey unfold and celebrating your successes along the way.

When it comes to real estate valuation, COMPS, PPU (price per unit), capitalization rate are some of the more common valuation metrics I see used in real estate as opposed to NPV.When it comes to performance metrics in real estate (of which IRR is one), I agree there are numerous and it can be confusing as to when to use which.

Numerous closed end funds exist such as ECC/EIC, rfi (I think its a reit fund if you are still stuck on real estate), jqc, pdi...  

By the way I’d be really concerned about buying properties for $60,000 in any market because you’re asking for too many renovations, too many D class war zone tenants and little to no appreciation.

My old pre war apt in NYC had one. 

Despite numerous attempts to reach the listing agent, we faced silence.

In addition, they have had their real estate agent manipulate the MLS listing numerous time since being under contract, which we have record of.

@Ricky Rodriguez  This is an in-depth response, but I have in-depth experience on this, so here goes...I’ve house hacked numerous properties (and also done BRRRR’s, STRs, ADUs, and pretty much every other residential REI strategy), and I can say from experience that house hacking is the BEST strategy for new investors getting started (check out my other forum posts about what makes house hacking such a good strategy).As I’ve said many times before, house hacking is generally easier than the more advanced REI strategies (like BRRRR’ing, STRs, flips, etc.), but that doesn’t mean house hacking is necessarily easy.

I've helped numerous clients successfully purchase condos and houses as cash flowing STRs.

Numerous investors (even very famous ones) were quoted as saying real estate values always go up.