Just like you wouldn't buy a stock without researching the company, you shouldn't buy a property without knowing the market, running the numbers, and understanding your tenant base.👀 Risk ManagementBoth investments require risk management:Stocks: Company performance, market conditions, economic factorsReal estate: Property maintenance, tenant quality, local market changesBut guess what?

“Perfect BRRRRs” are rare nowadays.

Others agents will That's perfectly understandable at that price point.

We are northwest based and flying out to Memphis just to get update, doesn’t make any sense. 

With fewer buyers in the market due to high rates, investors who move now have leverage to negotiate on purchase price, seller credits, and even off-market deals.The biggest mistake investors can make right now is waiting for perfect conditions.

Investors come to our market because of the low barrier to entry and that we have a solid tenant base that provides solid cash flow to out-of-state investors like yourself.

I have been looking at properties and it seemed like the seller s  based their price on zero percent cash flow for the buyer.

Based on your response I can give you some paths.  

There is a perfect recipe brewing where inventory is at an all time low, with interest rates significantly higher than we're use to, capitalized by the insane economic struggles that are going on in our every day lives.... 

Perfect lake view.