@Blake R.From my experience, land investing is a low-cost, flexible entry point but lacks the cash flow and quick appreciation of multifamily properties.

It is not a strategy that I particularly like, especially when you are low on cash.

You can afford to pay a bit more if rates cool down.We need to also remember that BRRRR become a really hot topic in a low interest environment.

Plus for its high cash flow potential, utilizing a 1031 exchange to reinvest gains effectively made this experiment a relatively low risk for me.

One of my rental properties is located in a low-income area, which presents unique challenges in finding suitable tenants.

If the property only needs light cosmetic updates, 3 months might be doable, but for more extensive renovations, it’s going to take longer. 

I am just worried this might be a mistake as it as a high cash flowing property and my mortgage rate is a low 3.125%.

First impressions matter and presenting a property in its best light can attract potential buyers and increase its market value.

I have no doubt he'll transform this entire corridor in the coming decade so I'm also looking closely at Hornsby Bend, Del Valle, and anywhere in the general vicinity.These are my top two areas where you can find low entry price points relative to both current and anticipated market fundamentals.  

I agree 15 years is not a long time but what is occurring is jurisdictions then pass laws to protect the low cost housing.