@Harish Pasupuleti As someone who is beginning to invest in real estate for the first time, what is motivating you to invest in a market other than one in your backyard?

They have a learn as you go mentality as far as training goes so I feel you need to be a bit more self-motivated starting out as opposed to if you worked for a more well-known brokerage with a more formal training program. 

To truly achieve higher rents, you often have to spend a significant amount upgrading units. 

Replacing a kitchen in an area that is $200/psf will not achieve the return of replacing a kitchen in an area that is $2k/psf, but the cost of replacing the kitchen will be similar.  

Have you achieved them?

Achieving 2-2.5x base rent in rental arbitrage is highly market-dependent and may work in tourist-heavy areas but is less realistic in stable markets like Houston.

Since REP status is difficult for full-time doctors to achieve, this approach allows them to take advantage of the tax benefits (e.g., cost segregation studies and bonus depreciation) without qualifying as real estate professionals.

As long as the income covers the loan payments, you can continue adding properties to your portfolio, helping you achieve your real estate investment goals faster.3.

Why do you think it’s challenging to achieve success there?

Too many investors get frustrated because their VA doesn't deliver a bunch of motivated sellers ready to convert.