However, the annual rate of increase halved in the last year, as shown in the first chart.

They will look for PRECISELY the things that the gurus say you should use an LLC for, to get over on the IRS.  

Denver was always my first consideration but the market there is off the charts right now.

the only bummer is I can't get any bank there to loan me spec money so we had to do it out of pocket.. if I had bank money my COC returns would be off the charts.. regardless we pushed on.. and now we have almost 10 new constructions built and sold.. 6 rehabs we did in the last year all bought rehabbed and sold with very nice margins..

@Brendan Morin  reality is there are very few 40k rental homes you can buy today in America that will appreciate like you charted... and they are in no way liquid for usually what you have in them.. to sell them generally generates a cash loss the only way your 40k rental has a TRUE cash value as you charted is if the rents rise so that investors can back into the 2% rules or there abouts...

MLS#13178475You need to physically inspect the property and have an almost precise estimate of repair cost based on a very specific set of what requires repair.

Does anyone know of lenders in Africa or Kenya to be precise?

I owned it for 8 years and in year 7, it went off the chart.

This will allow you to get a realistic understanding of what you can/can’t afford and a baseline for what you need to do to improve you position and any additional capital to save.  2) Lenders will request the below preliminary information.Name of entity (organizational chart if applicable)Personal Financial Statement (PFS)Schedule of Real Estate Owned for each borrower/guarantor (SREO)Resume/Bio for each borrower/guarantor, if applicableBank statements for verification of depositsLast 2-3 years of tax returnsI recommend using a mortgage broker in your area that is able to connect you with top commercial lenders to get you multiple competitive offers.

Median Price: $525,000 +7.14% Yoy - 7ish % isn't unusual, I have multiple ~7% moves since 2016.Sales: 5,344, -10.06% - normal number for September, 2020 was unusually high due to delayed purchases from Covid thus the yoy lossYTD sales: 41,238, +8.36% - highest Sept read I have, houses are selling.Inventory: 5,875, +6.16% - still too low compared to pre-Covid, see stacked chart.New Listings: 6,366, -10.61% - still too low compared to pre-Covid, see stacked chart.YTD New listings: 51,949, -2.47% - prior to Covid we were running 60k+ houses.Months Supply: 1.2, -14.29% - persistently low indicating an unrelenting sellers market, see the Existing homes as a % of households chart, continues to shrink.Cumulative days on Market: 26, -44% - persistently low indicating an unrelenting sellers market