In hindsight, I not only lost time but potentially money as well as the recently sold home prices were rapidly increasing.

The sub market of Columbus Ohio is great for a hybrid of cash flow and appreciation in a rapidly expanding city.Wherever you invest you’ll need a core 4 team of an investor friendly agent, contractor, property manager, and lender.

For instance an investor with little cash but a lot of energy may be able to buy a high yielding property that requires a bit of maintenance.Conversely an investor with a lot of cash may be able to suffer much lower return in exchange for being able to buy a worry-free building in a more rapidly appreciating area.

Conversely an investor with a lot of cash may be able to suffer much lower return in exchange for being able to buy a worry-free building in a more rapidly appreciating area.I appreciate your recommendations and help.Best wishes,Erik

It shortens the learning curve and helps you find qualified personnel to build out your Team rapidly! 

Unless you are planning on growing your business rapidly (say in the next 1-3 years), you should be fine. 

I’ve started looking at and analyzing local small multi family properties (currently reading The Multifamily Millionaire) and hope to be in a position to purchase my first rental property next year, after educating myself some more.I’m located outside Grand Rapids, MI (Zeeland, to be exact) and would love to connect with others in the area.

Dripping Springs is growing rapidly as well,  It too will be a great area to invest.  

Upside: Area is growing rapidly, so my losses will be mitigated over time. 

Can you count on a rapidly appreciating market to continue?