This strategic flip leveraged our market expertise and efficient deal structuring to achieve a quick and profitable transaction.

As far as investing in the short term I feel investing close to home (50 mile radius) is the best option because you have a superior advantage by knowing your market.

Find someone who's doing what it is you want to do in the market you want to do it in and bring them value to learn.

I’m looking to invest out of my home state, Texas, and have narrowed it down to 3 markets.

Highly recommend partnering with a local realtor who knows the market. 

The partners between a realtor like myself (proficient in renovation experience), a general contractor, usually a loan consultant to support the buyer and the lender, (along with a buyer and seller of course) are the parties involved.I come across so many homes perfect for 203k or HomeStyle buyers, on and off-market, it isn't funny.

With a HELOC being around 9% I'd probably be paying more in interest than the money would make in the stock market.

However, the property’s cost basis (what they originally paid) carries over to you, meaning if you later sell, you may owe significant capital gains tax on appreciation.Alternatively, selling the property at fair market value eliminates gift tax concerns, but your in-laws may owe capital gains tax on any profit.

I'm a local realtor and would love to connect and chat about the local market.

But it goes to show everyone reading this that marketed projected returns are often the primary metric many investors look at.