I would say it could be done, just need to have the following:#1 - Have great overall knowledge of that market, and better than agents.#2 - Learn how to run comps so you know the value of the property better than anyone. #3 - Have finances in order (i.e) is this going to be bought through conventional, cash, HML, etc.

You may also be able to "make your market" if you can hit a critical mass.

Are you marketing something?.. 

We listed strategically and were under contract in 2 weeks in the slowest part of the year (December) whereas all the other similar homes in the neighborhood have been sitting for months and still sitting on the market. 

If you're looking to connect I am happy to chat about this market and find a property within your goals.

@Arun Maheshwari we work with clients to find turnkey rentals in Houston, DFW, and San Antonio in TX, but also have 8 other markets we're in across the Midwest/midsouth.

I wanted to see what markets have both a relatively high rent-to-price ratio and high appreciation.

However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.

As you embark on this journey, you'll learn the importance of market research, the art of negotiation, and the power of leveraging assets.

market rents/cost to aquire What was the outcome?