@Matt Smith generally speaking it’s a combination of rising interest rates which have caused cap rates to increase (thus wiping out equity), debt is resetting at higher rates, rising opex costs due to inflation and stagnant or softening of rents due to an increase of supply.

Anyone in Houston investing in an opportunity zone? 

The landlord is an older gentleman that doesn't seem to be taking any action.We have moved on to the next steps of working with the Police and having the tenants work with the police to file formal complaints. 

Probably approaching $100k in total.My options seem to be sell and pay an additional ~70k out of pocket to the lender (underwater amount) or make the repairs and hope the problem is corrected once and for all.

It's tough to compete with that as an investor.

Because it is raw land, it won't be much money in your situation.My advice is to contact the developer, show him/her this post, and come to an agreement for a redemption.

Let's make an honest comparison. 

In Charleston, I believe the rule is that you have to live on the property as your primary residence unless the property is in an STR overlay district.I personally know some investors who are starting to struggle a little with occupancy/bookings.

All in all, the data continues to show that Valdosta is an excellent market and is on the trend higher, and we are starting to see other media outlets take notice.

Hire an interior designer.💡 How do you keep rehab costs under control and avoid surprise expenses?