Depending on the salaries of the new jobs they may also price out the local residents on new home sales which would further drive up the price.

If you approached them in a way that you had a solution to the eyesore in their neighborhood they would be very receptive to talk and perhaps share contact details about the home owners son if they have them.

Quote from @Ankit Lodha: I have a home under our names.

Example - borrower uses loan to purchase a home in a B or C grade neighborhood for 380k, spends 50k rehabbing primary home, uses 200k to put an ADU in the back, appraisal comes back at 925k. 

You can invest in single-family homes, multifamily properties, land, commercial buildings, and even tax liens, creating opportunities tailored to your investing goals.

Most of the buyers are just regular folks looking for a home, so they are not at all thinking about cap rates. 

Purchase price: $187,000 Cash invested: $15,000 Sale price: $259,000 I got tired of moving place to place and worrying about finding roommate, security deposits and not having enough money to deal with maintaining someone elses home.

The home was in rough shape—think mold, a hole in the roof, and years of water damage.

This had nothing to do with economic or underwriting issues but was driven by covid and many workers beginning to work from home. 

Property Managers:While realtors are great at buying and selling homes, most aren’t trained in the intricacies of tenant screening.