To protect your margins, it’s crucial to have a solid understanding of costs upfront, consider negotiating long-term prices with suppliers, and prepare for possible delays in renovation schedules.In both scenarios, it’s often safer to focus on markets with strong fundamentals (stable job market, population growth) and properties at or below the median home price in the area to appeal to a broad buyer base.

We strongly believe so with this data.

Ideally, this would be someone with a strong reputation and a proven track record in full-scale renovations, along with in-depth knowledge of the Pittsburgh market.If you have any recommendations or advice on contractors who fit this description, I’d love to hear from you!

You'll need a strong stomach.

. - Are you okay pushing more and having to re-lease the unit, or would you strongly prefer not to have to do that and give up more on cash flow- What do you personally feel comfortable increasing the rent for? 

Congrats on being in such a strong financial position to start your real estate journey!

I've noticed investors finding some promising opportunities there despite the current rates, partly because of strong rental demand and growth potential.At the end of the day, it's about aligning with your long-term goals and comfort level.

It's a great rental market with strong cash flow.

On paper and recently the tenant looks strong. 

I’m particularly interested in house hacking as my first strategy.I’d love to understand more about what to look for in strong investment markets, practical tips for house hacking, and the financing options available for first-time buyers.