Everyone is just gonna name random cities, but the answer is study your own market and figure out and this is gonna be subjective where there is “value” there is no exact formula or data for this, but if you live in place it should be somewhat easy, what neighborhood’s seem like you know that price isn’t so bad for what you are getting or conversely that area seems really overpriced for what it is.   

Currently, with your layoff situation, you have the opportunity to concentrate on market analysis, studying trends, rental needs, property values, and potential value growth.

Purchase price: $1,345,000 Cash invested: $500,000 Sale price: $1,825,000 Case Study: 3142 Fairfield AvenueThis case study delves into the transformation of an 8-unit mixed-use property, a blend of residential and retail spaces, located in the vibrant Black Rock neighborhood of Bridgeport, Connecticut.

I suggest studying everything first considering the risk and your resources.

I didn’t have much of an opinion and actually skipped replying until I came up with a question.Will be able to tell how this actually affects prices by studying new build homes?    

There are studies out there that analyze the best vacation rental markets and the answer somewhat varies based on what is being measured.

I'm a 2x House Hacker in Los Angeles (case study in the BP book The House Hacking Strategy) and I'm going to be direct so that you can incorporate it into your analysis. 

We've completed a HELOC loan, invested through a SDIRA, completed two 1031 exchanges, and we just now are doing our first cost segregation study on our portfolio to reduce our 2020 taxes to zero even though we made over six figures! 

Due Diligence- Probably need to do a Phase 1/2/3 epa study or you will be taking on the cleanup risk.5. 

Study the market.