You're holding an asset in one of the hottest RE markets in the country with solid economic underpinnings.

Because while it's really beautiful, it's probably one of the hottest of the city, along with Sillery/Ste-Foy.

You happened to be starting in the hottest market we had in my memory.The biggest  challenges of today's Austin market is - really good deals are very hard to find.

Canyon Creek is one of the 3 hottest areas of Rivhardson, because of the elementary school.  

I used ListSource to narrow down absentee owners and the hottest zip code area.You can do this for free and then drive the locations to find vacant properties, which is what we do.  

You lower the risk to something you can sleep at night with by establishing good relationships and building your out of state team.First,pick an area you believe is doing well selling wise and go there.Call the local real estate agents and set up interviews and ask them about their experience working with investors.Weed out the rookies and go for the ones with at least 10 years or more under their belt.They will know everything you need to know like hottest neighborhoods,best hard money lenders,and who are the most respected contractors in the area.After finding one you like,start interviewing General Contractors that know how to lead a project and have a proven track record.Ask them for references and past jobs they have done and verify they aren't lying about it.Once you have both people in place,find a property and put them to work.You can only build trust by watching them in action.After you get home,establish clear communication with both of them.Make sure the contractors have an iPad with Skype so you can watch what is happening on the job site live and verify the work is being done and the crew actually showed up to work.Make the GC prove that progress is steady and no goofing off is happening.Once trust is established,you will be able to do business with them throughout the year and everyone makes money.

Per MLS data, here are the hottest zip codes and top flips from last month in Las Vegas.   

He says this will be the first house I finally lose money on.Several months later an article makes front page that it's the hottest new area for real estate investors.

Zillow has released a list of predicted hot markets for 2024, which is a valuable starting point (https://www.zillow.com/research/2024-hottest-market-33566/). 

For rentals there very low supplycane Bay plantation is the hottest area of Charleston South Carolina now.