While historically a robust economy and higher rates didn't significantly impact the housing market, today's affordability challenges mean even minor shifts affect homebuyers.Stay tuned for updates on this evolving mortgage landscape—a key resource to stay informed in the dynamic world of real estate!

.- Economic Growth: The city's economy is diverse and steadily growing, providing a stable environment for your investment to thrive.- Investor-Friendly Climate: Columbus has relatively manageable regulations and property taxes, making it attractive for real estate investors.While investing out of state does come with its challenges, such as property management from afar, partnering with a local property management company can help ease these concerns.

You can make money investing there, but it's a city with a declining population and a so so economy.

Diversity is usually the best in the STR industry so if one area is lacking you can always tap into the stronger property. 

They are there to build you into a stronger business person and leader, to open yourself up for MORE.It took me 4 months to get traction for my FIRST ASSIGNMENT DEAL (after losing everything in my first 5 out of state deals... if you haven't read the story, here it is again... ) , but once you learn and build MOMENTUM, things get easier and faster...until they halt again, as there's another lesson you need to learn as you grow into the next version of YOU, and YOUR BUSINESS.

These higher rates need to stick around for longer, for the health of the market and the overall economy.

Good basis for fighting the ever-more-frequent push for rent control:stlouisfed DOT org/on-the-economy/2024/feb/what-are-long-run-trade-offs-rent-control-policies

., and potentially delay the SFR purchase plan according to the status of the investment.It's a hard decision to make since the economy this year is a bit flaky.

Since I’d end up paying retail for the rehab myself because that’s not where my skillset is, my logic is my time is better spent elsewhere and the economies of scale I gain by using a large TK outfit essentially equate the the delta between any “deal” I may get on my own and the amount I’d end up spending as a small “mom-and-pop” investor to a contractor/crew.  

And if the economy gets a little dicey (maybe like right now) a $600k renter might downgrade to a smaller home to save $$.