We knew at the price the house would cash flow, then the house market went crazy and rental prices went up tremendously and the appreciated sky rocketed so this is going to be an amazing first property for our portfolio.

I went to school to be an electrician, worked as a carpenter, and helped run a lumber yard.

However, if you can manage to find the very few who either don't want to be an investment owner or would prefer to upgrade their capital into something more profitable for their stage of life, launch on it.

The tenant I have lined up said that might be an issue. 

I have a real estate meetup in Jupiter at the locomotive coffee the second Tuesday of each month from 8:30-10am.  

Personally, I would eat the money up front to get someone on schedule asap and work with either the bank or the seller for a credit at close.If there is roof damage, that would be an insurance claim on the current owner's policy. 

Employment/Economic Diversity/Demand DriversNow if you can buy a house let's say 4-5 bedroom and have your kid live in one for 4-5 years and is the kind of kid who is responsible and a hard worker and a good networker and can keep the bedrooms rented for the next 4-5 years, there certainly could be an opportunity there.

Market value typically refers to the price a property would likely sell for under current market conditions, while property value can sometimes be an assessed value for tax purposes or an estimate by an online tool.If you're seeing a significant drop in your property's value, I’m guessing you might be using Zillow.

I thought this might be an interesting discussion, and I wanted to see your thoughts.The context: I am currently evaluating an out-of-state duplex in Richmond, VA which is in a C class neighborhood with upside.

If they enact STR regulations might be an issue.