Most homeowners shift to winter rentals during those months to keep some cash flow.If you’re planning to use the property yourself for two weeks in the summer, it’s important to keep in mind that it will take away a significant chunk of prime revenue, which will make it harder to break even or generate solid income.If year-round traffic is a key factor for you, you might want to look into areas down south or near a National Park, but with the right property and strategy, Cape Cod can still be a good investment—especially if you’re looking to have something to enjoy and eventually leave to your kids. 

For example, maybe a house hack where you are offsetting your housing expense allows you to live in the heart of three key quality of life factors (Where you work, where you leisure, and where you shop).

This isn't solely a Philadelphia problem, but it's exasperated by the amount of power and influence City Council members have over their districts.

What factors influence your decision—profit margins, market demand, or investment strategy?

Sure, you can’t control it, but you can definitely influence it.

I believe Dave Ramsey is a very talented spokesperson and influencer and it’s undeniable that there are a lot of people that will proclaim that he has helped, which is great.  

This doesn't mean you stop investing in those areas, it just means you need to factor that into underwriting and be prepared for it.

I've been tossing around the idea of relocating (not solely for real estate but it is a big factor) and I'm wondering what areas have the best potential for flips over the next few years.

Local laws may also include protections based on other factors such as source of income or eviction history.Disclosure Requirements: If you are using third-party screening services like SmartMove or another credit reporting agency, you must provide the applicant with an "adverse action" notice if you deny them based on the results.

I downloaded a few Excel BRRRR calculators but created my own because I wanted to understand every calculation, factor and lever to maximize my investment.If you are going to buy from a wholesaler, it helps to have a relationship with a few in the area you are looking for.