We want to help our neighborhood by renovating a distressed property in the hopes of giving others the inspiration to do the same.

On the flip side I've seen neighborhoods where we manage multiple units and the house is leased in less than 2 weeks.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

We saw neighborhoods revitalized when the city allowed for more mixed-use and multifamily projects..

We don't have any in HOA neighborhoods.

I understand home designs are pretty expensive, and cannot just be applied to any lot/existing neighborhood.

STR projections are only projections and can go underwater fast if 2-3 luxury properties with serious amenities pop up in the neighborhood.

It's only nudged up by about a hundred bucks.Speaking of neighborhoods, many investors flocked to Center Point.

@Jermaine JohnsonTo succeed in the Houston market, network with professionals like real estate agents, contractors, and property managers, leverage local investor groups, understand the market by researching neighborhood trends, supply and demand, and zoning regulations, use market data and tools, and start with a focused strategy based on your goals.

https://www.votervoice.net/ILRealtors/Campaigns/118318/RespondThis ordinance took effect immediately for the neighborhoods of Avondale, Hermosa, Humbolt Park, Lower West Side (Pilsen), West Town and Logan Square.