You picked a great community to join.. have you checked out local comps to gauge the market vibe yet?

I used a heloc to purchase the first 4 rentals, so $155k of dept is wrapped up In  that until I refinance each property which have already appreciated extremely quickly given the current market. 

@Audrey Sommer I prefer investing in my local market (Snohomish County).

I am in the Memphis Market as well. 

I agree very market dependent. 

Sure, markets change but if you had enough buffer in your initial decision, you should be fine.I live off my LTR's.

IMO better options- If you don't need the money in the next 10+ years look into Annuities I'm seeing 7-9% and you don't have to participate in market downturns.

The issue is building a single small residential unit is some of the most expensive development.Here is a list of why adding a single ADU in single family zoned areas in my CA market is typically a poor RE investment:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

Hi JAY,I'm reaching out to have your feedback on the Decatur Market.

I have found a good market and have built a good team thus far and I'm ready for my first flip.