Good potential for appreciation/rent growth upside as well in the next 5-10 years in my opinion with the market still being one of the most affordable in the country.

-why not pick a market closer to home? 

Plus how did he go there he must live there or close so your only working one market.

we build at or slightly below the average new build in our market where there is high absorbtion 

A property is available off market that seems to be a great deal.

Josh, we are entering a period where the FED has came out and said rates are coming down.Based on decades of data, during market cycles when interest rates are decreasing, asset prices rise.

With $15-20K liquid, focus on lower-cost Midwest markets where down payments stretch further. 

It has been on the rental market for about 55 days and the average in the area is supposedly 36.

Flipping houses is a great way to create huge profits, raise private money and create marketing content around your remodels (the reason HGTV is HGTV).

Most times when evaluating a DSCR mortgage, market rent will come into play.