I live in Central Oregon, we have breweries everywhere, close to skiing and tons of lakes so there is an ever rotating cycle of tourists to keep our economy booming.

The multifamily market is booming right now, so if it spends more than one day on the market at that price there is a reason. 

In Silicon Valley, which is a boom and bust economy, once the foundation is poured, the city cannot revoke the building permit (which they reserve the right to do if nothing is built).

Rent is due and when the bank closes on the last day @ 5pm "boom" rents are then late and late fees apply.

Both still in those areas and in others as well.Comparatively, 19125 & 19123 zips are incredibly cheap compared to other booming neighborhoods in other cities like Chicago's Wicker Park for example.

My strategy if I go with the single family home is to finance with FHA, Find good tenants to live with, and use the potential equity (assuming Las Vegas Booms like people are saying) to purchase multi units or other SFH to rentWhat do you believe would be the wisest strategy?

I am a fan of buying in markets that are rising, easiest way to make money. One indicator to watch for is building costs rising.For example when I was buying in Atlanta in 2011 building costs were $18 per sq foot, tod...

Excited to have stumbled upon this awesome community.With that said, I wanted to post about my current situation and how I've found myself here.We purchased a new construction home in a booming area in June of 2018.

Boom.

The market in southern oregon is ok but not booming.