Returns look good on paper but the kind of tenants those homes will attract will eliminate your cash flow.Invest carefully.

These employers frequently attract new residents and create a steady influx of good quality renters and prospective tenants. 5) The Albuquerque metro area and Central New Mexico enjoy over 310 days of sunshine and a mild climate year-round.

However, consider whether the upgrades will help attract higher-paying tenants or reduce vacancy rates, which might justify doing the work beforehand.

These strategies make STRs especially attractive to high earners, like tech professionals, who want to reduce taxes while building wealth through real estate.

In the worst case scenario that demand is low for a 2/2 we'll have to drop prices to attract people away from the 1BR places.

However you have capital and experience which would be attractive to the right money partner.

Property needed significant renovation to both units in order to make attractive to end tenants.

Biggest thing IMO is getting close to the train station and have a high quality units that may not look attractive on paper the first few years but will have the ability to raise rents consistently long term. 

Some buyers don't want your tenants who may or may not have been screen properly but some buyers like the attraction of having income on day one. 

Regarding the new construction, often this attracts more homeowners.