Given its age, we’re planning for a roof replacement and two new AC units within the next few years, which we estimate will cost around 15 - 20k in total.Our single family rental, built in 2020, is newer, so we don't expect major repairs anytime soon.On average, the duplex runs about $400–500 per month in maintenance and repairs (including significant repairs like AC replacements), whereas the SFR averages under $100 per month.

But there is a cottage industry for sure in CA in buying Riverside county and San Berdo county high desert vacant land and then reselling them.. and as I mentioned in certain counties in N.

This website (https://www.affordablehousing.com/housing-authority-mi/) allows you to compare the average price, condition, and size of homes available for Section 8 rentals.

Maybe you like the service industry and want to run a short term rental on your own.

Then depending on what's allowed you can speak with a broker who specializes in that type of property (agriculture, industrial, low density residential, etc.) and see what they think the highest and best use could be. 

For the rest I would consider a triple net lease deal or fund in industrial or commercial real estate.  

Assuming that a new construction home will appreciate 5% just because that's the average for the market can be dead wrong!

Real estate investing is forgiving; the average person can still make money even with some big mistakes.

Hi all, Am excited to engage with the BP community after being in the industry for 9 years!

Crazy stuff though, this industry never fails to amaze me with how shady it can be.