Since we didn’t have a pool and are not walking distance to the Broadwalk, we focused on interior design and that has helped, but we consistently lose out to Airbnbs with a pool, so we are working on maybe getting an above-ground pool and/or hot tub.

The basement also houses all of the mechanicals usually, so you would be sleeping with the furnace and hot water heater.

The unfortunate truth about cheap properties is that a hot water heater and a roof still cost about the same as a proprety in a more expensive areas so your repairs/vacancy/capex is going to eat up a larger % of the gross rent than a more expensive property even though the $ might be similar.

I just think now may not be the best time to buy multi-family in formerly Hot markets, like Austin MSA, that are clearly going down in price.

There will be no significant cut in interest rates, because the Fed can't cut rates; inflation is still running hot.

For rentals 3/2's will go like hot cake but anything larger or much larger you will need to just wait.

But then along comes things like the divorce court system in the USA which can liquidate you like a hot knife through butter.

Hey Sean, the mid-market is pretty hot and affordable if you're looking to invest out of state.

The same intensity he has on the up front picking what buyers he will work with is the same intensity after the fact and making sure his clients are well taken care of..

These will tend to be in hot investor areas anyway, so that usually works out pretty well.