Even when the market is down, gradually adjust rents so tenants don’t experience a huge price shock later.

The Cville market is quite competitive.

Cash flow is crucial, especially if you depend on it for your monthly income.Selling the property for $170k, which is above its market value of $120k, might seem like a good deal initially.

@Lucas DeAndrade how much knowledge do you think you've accumulated about the Akron market?

I tend to be partial to REIA events, which have chapters in most larger cities/markets.

Henry Washington from BP on the market podcast operates here.

If so, I would appreciate hearing your thoughts and experiences regarding the local market, investment opportunities, and overall outlook for the area

Warn them in the marketing (example: "This is an old house and noise travels between units.

That’s one of the highest growth forecasts in the country while still maintaining strong rent-to-price ratios.Memphis also has a resilient economy, driven by logistics (FedEx), healthcare, and a high percentage of renters.

Just make sure your personal use doesn’t exceed 14 days, or 10% of the rental days, to maintain its rental status for tax purposes.