However what happens when the tenant vacates and now the unit has to be turned over/takes a few months to find a new tenant and during that same period of time the sewer line goes and you get hit with that $15,000 cap ex expense in addition to the vacancy and turn over costs.

TX market has been a popular choice for those seeking higher appreciation.

What is the best strategy in your opinion to niche down on a target audience in any given market?

I’m planning to relist the house around April when the market typically picks up.

For example, we've recently taken over marketing internally because the property management company was not experienced enough in using the newer advertising methods we need to pursue.

For multifamily, target markets with strong rental demand, value-add opportunities, and creative financing options like seller financing or private capital.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

This deal was brought us off-market by a friend.

@Zack Whiting - You are in a top tier market for investment properties!

Often, I am not able to keep all of my ira funds invested in active loans so I would like to be able to keep the money that is not invested in loans in a liquid "money market" type of fund on a temporary basis.