I live in California (Central Coast) and have built a 12-door portfolio in Detroit, which has been a great market for both cash flow and long-term potential.Detroit still offers properties well below the $150k mark, with strong rent-to-price ratios and a market that’s seeing growth in key areas.

I’m targeting assets between 25-100 units located in high-growth markets that exhibit strong fundamentals.

If that’s the case, I’d recommend considering areas outside of Dallas proper where you can still find properties with strong growth potential.Cities like Prosper, Melissa, Princeton, and Anna are excellent options to explore.

I’d dig into this a bit more.Another assumption that stood out to me as potentially problematic is the 6% income growth and only 3% expense growth.

Significant and sustained population growth with a metro population >1M.

With this type of YOY growth, you can re-invest you equity into upstate or OOS markets (i.e.

It remains a popular destination and has seen steady growth. 

And I feel the ideal portfolio can benefit from the diversification of both.I feel directly owned properties are great because they give me maximum control and the ability to tweak them exactly how I want.

This move, representing a $900 million investment and the creation of 4,000 new jobs by 2035, positions Columbus, Ohio, at the forefront of technological and economic growth.

DFW is a fantastic market for multi-family investments, thanks to its strong job and population growth.