Hi all, I am familiarizing myself with at the Albequerque market and wondering whether any local investors can shed some perspective on overall property values relative to rents in the area.

For example, areas like Chicago have a strong demand for furnsihed rentals, especially in neighborhoods near medical centers.

Stay hyperlocal and get a good team in place locally so you can recognize good people when you find them. 

But I am looking for a local CPA.I see no compelling reason for that. 10 years ago, most of the local clients of my firm liked to come to our Houston office.

I would outline your scenario to a few local mortgage brokers - with everything you've said this seems like a pretty easy deal. 

It still had poor locale support and was not much more International than the U.S.A. version.

Having a reliable local team, including a property manager and a realtor familiar with the market, is the best way to avoid high-crime areas.If you’re leaning towards Richmond or have more questions about the market here, feel free to reach out.

The best deal I can find today is one that you buy cash, invest a rehab and when you pull out 75% of your ARV you leave maybe a small amount of money in the deal and you break even (BEFORE DISCOUNTING FOR VACANCY, REPAIRS, etc) Yes that means you leave like 10-25k in the deal and your payment becomes $3000/m and your rent is $3000 a month or slightly less.This is for my local market and for Class B or higher RE. 

I'm a new to real estate investing and I'm looking to connect with local investors.

Add thoughtful touches like a Keurig or French press, USB chargers, and local travel guides.