I live in a town of about 100k people here in Dothan, AL, so STRs aren’t the most popping market.

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

Hey Paul, I've done a few of these with buyers moving money from California to the Detroit market. 

Are you investing in your local market?

I am slowly going crazy with how expensive Massachusetts is and I am leaning towards looking at cheaper foreclosure properties.I understand there is some risk to this but I am beginning to think this is the only option I will have because of how fast the market is growing.Thank you for any insight you may have!

RE isn't the stock market. 

Hey @Ashley Kroft I love using Pricelabs feature of creating a comp set because you can really drill down to the finer details of what others are doing in the market, in your specific area.

No issues and tenants are renewing.That indicates tenants were paying below market rates.If the market rate for a 2-bed/1-bath apartment is $1,000 without utilities included, then he should adjust his rate to $1,100 because it includes $100 in utility cost.

In the 2024 insurance market, CA is hard to place, so even though you could force them onto a single policy, it may be more economical to keep them separate.I'll send you a note with the carriers who can do this for you.

Marketing to a bigger market of Buyers What was the outcome?