The key is really focusing on the right neighborhoods, knowing your numbers, and being patient for the right opportunities.As for the fix-and-flip market, the lower entry costs can definitely make it a great place to start, but you've got to be mindful of renovation budgets and timelines.

Quote from @Donald Hatter: Pros:- Builders have many homes to sell at one time so it is easier to negotiate a better deal than with a home owner in the same neighborhood who is trying to sell their primary residence - Buyers bust out of deals all the time and builders don't like holding completed homes- Lower maintenance which leads to easier property management expenses.  

I found this property while driving for dollars after leaving the local barbershop/garage shop 🤣.

I’ve found success by focusing on emerging neighborhoods, avoiding flood-prone areas, and exploring short- or mid-term rentals to tap into the steady stream of tourists and business travelers.Good luck!

They look rough on the exterior and most of them are located in the class C neighborhood.

Two weeks later, the client locked down a deal that appraised well above their initial projections.If you’re serious about pushing your boundaries..maybe setting your sights on Chicago’s undervalued neighborhoods or San Antonio’s quieter pockets..let’s talk.

But, in a market where short-term rentals in areas like Tampa Bay are on the rise... and I mean, last time I chatted with an investor-focused agent down there, she mentioned neighborhoods around St.

Slowly build out a repeatable process...if you continue to change things (as in different types of properties, different levels of renovation, different finish material, different neighborhoods, etc.) you create more variables and make it harder to solve to the problem.I am a math guy and less unknowns/variables you have the easier the problem will be to solve. 

with that said, should you increase your down payment to mask flaws in an otherwise terrible deal - an alligator that will eat you alive with deferred maintenance that is in a worse neighborhood than you think, but an agent sold you on it because it has new countertops? 

But, each has their own differences.That being said, in the neighborhoods I invest in, duplexes and quads have appreciated slower than single family properties.