Am I more likely to be able to add $50k or $100k of value above cost in a high Cost RE market or a low cost RE market?  

We cap the rate for utilities and actually added about 10% above our normal average this past year due to rising utility costs in our area for gas and propane.  

Lower entry costs, 8-12% cash-on-cash returns, and lighter regs—most counties just need basic safety checks, no city-style licensing grind.

Momentum 2025: Virtual Investing SummitJoin me and hundreds of active investors for an immersive 8-week virtual summit designed to help you identify opportunities, avoid costly mistakes, and build lasting wealth in 2025 and beyond.

@Voley Martin Make sure you get updated insurance costs.

-While rent would be more expensive month by month, the idea of being able to take my equity out of my home and also being able to reduce annual repair costs, property taxes, etc. does seem appealing to me. 

Low end MFH is overpriced for the current rent amounts. 

Both sides also need to factor in opportunity cost.

If you ever want to get into a tenant nightmare of costly potential litigation become a landlord, have the ac go out in Phoenix in July, and inform the tenant that you just don’t have the funds to replace it!.    

The hard money 10% plus additional thousands in closing costs was too much to swallow.