Lastly, Rochester, the most affordable of the four, provides great opportunities for investors looking for higher cap rates (8-10%) in multifamily properties.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Some builders risk policies don't provide for live in.

Real estate has always been in the back of my mind as a way to increase our wealth and provide for our family.

As a wholesaler myself I can provide some feedback.

These marketers would have the novice investor believe that the narrow focused “education” they provide combined with the “holy grail” formula (wholesaling, subject to, flipping, lease option, discounted note purchase, etc.) is most, if not all, anyone needs to become “independent” and successful, usually by month 12.

Buying through an agent may provide more transparency, while sheriff sales and auctions can offer deals but often come with risks, like limited property inspection or legal complications.

Investors come to our market because of the low barrier to entry and that we have a solid tenant base that provides solid cash flow to out-of-state investors like yourself.

If you can fight to break even and hang on to that place for the long term, that will provide the best return on capital by a long shot.

They may be bluffing and may not do anything, but Id prepare myself.