Urbanization trends, population growth, and the desire for homeownership contribute to a demand that far outstrips supply in many areas.Government Policies as Market StabilizersGovernment interventions have played a pivotal role in stabilizing the housing market.

- What should the desirable mortgage/rent ratio be for my properties- Should I begin saving up an emergency fund for repairs and maintenance before I actually purchase a property or should I begin doing that once I own a property- Do you think Louisville, KY would be a good location to stick with, or should I look for a new areaThanks in advance for your suggestions!

-Location: Focus on properties in desirable neighborhoods with strong rental demand.

Positive cash flow the entire time I owned it and it gave me the desire to buy more.

I wondered if we could rehab it and change it's appeal into a desirable space.

Do you have any desire to live in the home (only relevant if your parents currently occupy the home)?

What your strengths and desires are.2.

The Lubbock market is a little slow right now due to overbuilding of new multifamily so you want to make sure that you buy in desirable areas or you may be waiting a long time to get your property rented (or worse, get bad tenants).

Ask yourself if spending several hours each week on your rental properties fits in your current lifestyle or future desired lifestyle. 

Define your investment goals, including target market, desired cash flow, investment timeline, and risk tolerance.