Long-Term Appreciation & Exit Strategy•Kissimmee and Orlando have seen steady appreciation, and with your plan for forced appreciation through renovations, your investment should grow over time.

Hola BiggerPockets familia!
I'm Mario—a realtor and investor serving Northern Virginia and Southern Maryland—and I'm looking to form a partnership with a reliable and consistant wholesaler who can uncover great deals...

I've been living in my current house hack for ~1.5, and I placed my tenants in September 2023 (lease is up at the end of August).

At the end of the day, it comes down to what aligns best with your financial goals.

Don't expect rates to come down. 

Lower Start-Up CostsTraditional real estate investing requires 20%-25% down, making it difficult for many to scale quickly.

The increasing barrier to entry results in fewer new STR's coming available for sale, but also fewer options for guests to rent. 

In case you missed it, Detroit' Mayor Duggan announced that the value of houses in the city increased 23% in 2024.In the last 7 years, Detroit housing is up over 300%!

While you are at it, put the next person on MTM to create some equity in the contract when you have problem in the future.

You're giving up some good tax benefits since you're in the tier of taking itemized deductions.