* What are some factors to consider when identifying these hot spots?

I did find the midwest, specifically Ohio to be incredibly good for appreciation and cash flow (for MTRs). 

Then rent some exotic cars, a yacht, a mansion and some hot women so you can sell this formula online like Tom does.

Even in those cases, it’s difficult to create a significant gap between the purchase price, rehab costs, and ARV (After Repair Value).Investing in today’s market is incredibly challenging, and I’ve found that the BRRRR strategy is one of the least effective approaches right now.Let’s keep in mind that BRRRR gained popularity before 2020.

Multifamily is incredibly complex and if you don't understand the metrics or calculations behind it, you're going to get burned. if you're just plugging numbers in until it "goes green", you are either going to miss out on deals or buy something you shouldn't. 

It seems to me that this book is a little outdated, however, still full of incredibly useful information.im sure finding networking groups in Las Vegas will be a fairly easy task.Thank you for the sugguestions!

Your property is generating 2300 in cash flow, thats incredible.

The seller must think he is sitting on a really hot property, or the buyer is asking for too long of a DD period.

I know some might disagree.The challenge is if someone applies and meets all your criteria and you reject them, I would hate for you to end up in some legal hot water.

So a question, haha, and forgive me if this sounds incredibly naive - how about getting a property manager or someone else with boots on the ground to do the underwriting by visiting in person etc.