Here are some of my initial thoughts that has pretty well held solid and possibly even become more solidified. 

I closed on less units in 2024 than I did in 2023 but I put in a solid offer on a new deal this evening.

If you pick a solid property in a good area with good schools, it'll appreciate - it'll be negative cash flow as a long term rental (unless you have some creative strategy or do STR/MTR) and you're less likely to have repair, tenant issues, crime etc.

Think beachfront condos that not only cover their costs but actually give you solid cash flow.

I would also only do this if both properties have solid appreciation potential.If it was me, I’d consider trying to get a HELOC on the first property and use the funds for a flip or a BRRRR so I could pay back the line of credit within 6 months and then go do it again.

Partner Driven and Traci Stephens turned a solid profit without the need for major renovations.

I also review the insurance costs and try to get a solid estimate of coverage expenses to fine-tune my calculations.

I'd say it's a good deal considering you are in a location you want to be with a solid asset.

I have a few solid people I can connect you with on the contractor side.

I’d just recommend reviewing the renovation requirements for the historic district since they can add time and cost, but the right team can help streamline the process.Good luck with the deal—sounds like a solid opportunity!