I'd skip str in Jefferson County.

Originally posted by @Antwan Jefferson:@James Gates congrats!

There are no open houses, no showings, and no re-negotiation on price.I am a student of someone named Chris Jefferson, who has created a step-by-step course on wholesaling.

Here is a link to the website since the chart didn't post properly.http://www.fhfa.gov/DataTools/Downloads/Documents/...Counties with Increases in Maximum Conforming Loan Limits for Fannie Mae and Freddie Mac Loan Limit Increases: 2014-2015(Sorted by State and County Name)County NameStateMetropolitan Area2014 Loan Limit(One-Unit Properties)2015 Loan Limit(One-Unit Properties)Increase [1] Monterey County CA SALINAS, CA $483,000.00 $502,550.00 $19,550.00 [2] Napa County CA NAPA, CA $592,250.00 $615,250.00 $23,000.00 [3] San Diego County CA SAN DIEGO-CARLSBAD, CA $546,250.00 $562,350.00 $16,100.00 [4] Ventura County CA OXNARD-THOUSAND OAKS-VENTURA, CA $598,000.00 $603,750.00 $5,750.00 [5] Adams County CO DENVER-AURORA-LAKEWOOD, CO $417,000.00 $424,350.00 $7,350.00 [6] Arapahoe County CO DENVER-AURORA-LAKEWOOD, CO $417,000.00 $424,350.00 $7,350.00 [7] Boulder County CO BOULDER, CO $417,000.00 $456,550.00 $39,550.00 [8] Broomfield County CO DENVER-AURORA-LAKEWOOD, CO $417,000.00 $424,350.00 $7,350.00 [9] Clear Creek County CO DENVER-AURORA-LAKEWOOD, CO $417,000.00 $424,350.00 $7,350.00 [10] Denver County CO DENVER-AURORA-LAKEWOOD, CO $417,000.00 $424,350.00 $7,350.00 [11] Douglas County CO DENVER-AURORA-LAKEWOOD, CO $417,000.00 $424,350.00 $7,350.00 [12] Elbert County CO DENVER-AURORA-LAKEWOOD, CO $417,000.00 $424,350.00 $7,350.00 [13] Gilpin County CO DENVER-AURORA-LAKEWOOD, CO $417,000.00 $424,350.00 $7,350.00 [14] Jefferson County CO DENVER-AURORA-LAKEWOOD, CO $417,000.00 $424,350.00 $7,350.00 [15] Park County CO DENVER-AURORA-LAKEWOOD, CO $417,000.00 $424,350.00 $7,350.00 [16] Essex County MA BOSTON-CAMBRIDGE-NEWTON, MA-NH $470,350.00 $517,500.00 $47,150.00 [17] Middlesex County MA BOSTON-CAMBRIDGE-NEWTON, MA-NH $470,350.00 $517,500.00 $47,150.00 [18] Norfolk County MA BOSTON-CAMBRIDGE-NEWTON, MA-NH $470,350.00 $517,500.00 $47,150.00 [19] Plymouth County MA BOSTON-CAMBRIDGE-NEWTON, MA-NH $470,350.00 $517,500.00 $47,150.00 [20] Suffolk County MA BOSTON-CAMBRIDGE-NEWTON, MA-NH $470,350.00 $517,500.00 $47,150.00 [21] Anne Arundel County MD BALTIMORE-COLUMBIA-TOWSON, MD $494,500.00 $517,500.00 $23,000.00 [22] Baltimore city MD BALTIMORE-COLUMBIA-TOWSON, MD $494,500.00 $517,500.00 $23,000.00 [23] Baltimore County MD BALTIMORE-COLUMBIA-TOWSON, MD $494,500.00 $517,500.00 $23,000.00 [24] Carroll County MD BALTIMORE-COLUMBIA-TOWSON, MD $494,500.00 $517,500.00 $23,000.00 [25] Harford County MD BALTIMORE-COLUMBIA-TOWSON, MD $494,500.00 $517,500.00 $23,000.00 [26] Howard County MD BALTIMORE-COLUMBIA-TOWSON, MD $494,500.00 $517,500.00 $23,000.00 [27] Queen Anne's County MD BALTIMORE-COLUMBIA-TOWSON, MD $494,500.00 $517,500.00 $23,000.00 [28] Rockingham County NH BOSTON-CAMBRIDGE-NEWTON, MA-NH $470,350.00 $517,500.00 $47,150.00 [29] Strafford County NH BOSTON-CAMBRIDGE-NEWTON, MA-NH $470,350.00 $517,500.00 $47,150.00 [30] Cannon County TN NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN $417,000.00 $425,500.00 $8,500.00 [31] Cheatham County TN NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN $417,000.00 $425,500.00 $8,500.00 [32] Davidson County TN NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN $417,000.00 $425,500.00 $8,500.00 [33] Dickson County TN NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN $417,000.00 $425,500.00 $8,500.00 [34] Hickman County TN NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN $417,000.00 $425,500.00 $8,500.00 [35] Macon County TN NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN $417,000.00 $425,500.00 $8,500.00 [36] Maury County TN NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN $417,000.00 $425,500.00 $8,500.00 [37] Robertson County TN NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN $417,000.00 $425,500.00 $8,500.00 [38] Rutherford County TN NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN $417,000.00 $425,500.00 $8,500.00 [39] Smith County TN NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN $417,000.00 $425,500.00 $8,500.00 [40] Sumner County TN NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN $417,000.00 $425,500.00 $8,500.00 [41] Trousdale County TN NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN $417,000.00 $425,500.00 $8,500.00 [42] Williamson County TN NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN $417,000.00 $425,500.00 $8,500.00 [43] Wilson County TN NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN $417,000.00 $425,500.00 $8,500.00 [44] King County WA SEATTLE-TACOMA-BELLEVUE, WA $506,000.00 $517,500.00 $11,500.00 [45] Pierce County WA SEATTLE-TACOMA-BELLEVUE, WA $506,000.00 $517,500.00 $11,500.00 [46] Snohomish County WA SEATTLE-TACOMA-BELLEVUE, WA $506,000.00 $517,500.00 $11,500.00

I had looked at Albany Park, Jefferson Park, and Arcadia Terrace primarily.The rents don't justify the asking prices, and it's surprising to see properties being sold at cap 2s and cap 3s.  

I figured I don't need the extra space in the upper unit plus needed to bring in more cash, so came up with the brilliant idea of renting my upper unit and moving into basement.The property is an official duplex property with approved ADU as registered by Jefferson County.One unit (the one with crawl space) has one address we shall call 1225 Bell Street but falls under the main property address (suspecting this is causing some of the problem) - which we shall call 1235 Bell Street.

Paul, MN--WI 61.0% 147 Warner Robins, GA 61.0% 148 Lansing, MI 60.8% 149 Nampa, ID 60.5% 150 Mansfield, OH 60.5% 151 Bay City, MI 60.5% 152 Indianapolis, IN 60.4% 153 Bonita Springs, FL 60.4% 154 Johnstown, PA 60.4% 155 Ogden--Layton, UT 60.4% 156 Amarillo, TX 60.3% 157 Tuscaloosa, AL 60.1% 158 Syracuse, NY 60.0% 159 Lawrence, KS 59.9% 160 Las Vegas--Henderson, NV 59.7% 161 New Orleans, LA 59.7% 162 Scranton, PA 59.7% 163 York, PA 59.7% 164 Louisville/Jefferson County, KY--IN 59.7% 165 Lancaster, PA 59.5% 166 Champaign, IL 59.2% 167 Pensacola, FL--AL 59.2% 168 Denton--Lewisville, TX 59.0% 169 Jackson, MS 58.9% 170 Hemet, CA 58.9% 171 Salem, OR 58.7% 172 McAllen, TX 58.5% 173 Gastonia, NC--SC 58.5% 174 Appleton, WI 58.3% 175 South Lyon--Howell, MI 57.9% 176 Harrisburg, PA 57.9% 177 Newark, OH 57.8% 178 Richmond, VA 57.6% 179 Augusta-Richmond County, GA--SC 57.6% 180 Dayton, OH 57.4% 181 Johnson City, TN 57.4% 182 Cincinnati, OH--KY--IN 57.3% 183 Stockton, CA 57.1% 184 Milwaukee, WI 57.1% 185 Wilmington, NC 57.0% 186 High Point, NC 56.9% 187 Little Rock, AR 56.9% 188 Birmingham, AL 56.8% 189 Grand Junction, CO 56.8% 190 Tracy, CA 56.7% 191 Detroit, MI 56.7% 192 Seattle, WA 56.7% 193 Frederick, MD 56.7% 194 Gulfport, MS 56.6% 195 Ann Arbor, MI 56.4% 196 Middletown, OH 56.2% 197 State College, PA 56.1% 198 Lakeland, FL 56.1% 199 Pittsburgh, PA 55.9% 200 Florence, AL 55.7% 201 Waldorf, MD 55.7% 202 Jonesboro, AR 55.6% 203 Yakima, WA 55.5% 204 El Paso, TX--NM 55.5% 205 Harlingen, TX 55.4% 206 Memphis, TN--MS--AR 55.4% 207 Charleston, WV 55.2% 208 Port Huron, MI 55.2% 209 Davenport, IA--IL 55.2% 210 Port St.

Louis/Jefferson County area.  

Andrew Jefferson 

My wife is a real estate agent- we've helped several BiggerPockets friends buy houses in Beech, West Jefferson, Banner Elk, and Boone.