@Paul Whitney Detroit property values increased over 20% in 2024:https://detroitmi.gov/news/detroit-home-values-increased-ave...https://www.cbsnews.com/detroit/news/detroit-home-prices-amo...https://www.detroitnews.com/story/news/local/detroit-city/20...DM us if you'd like more info...

Similarly, quality dividend-paying companies often retain some earnings to reinvest in their business, increasing the company's (and your) value over time.

More difficult question that was not asked is do you get rid of these tenants property and I think that is as easy a question.  

The garages will have 3% increases year over year once leased.

@Muriel Hair here's some articles about Detroit increasing over 20% in 2024...https://detroitmi.gov/news/detroit-home-values-increased-ave...https://www.cbsnews.com/detroit/news/detroit-home-prices-amo...https://www.detroitnews.com/story/news/local/detroit-city/20...

. $8k cash flow (this will increase over time because you are in an appreciation market). $6k principal pay down (based on your current loan). $20k appreciation (based on 3% which is conservative, 4-5% is the historical average).

, but very difficult to DIY remote manage.

The shorter the prepayment term has an impact on increasing the rate.4.

It will be very difficult to cash flow in Austin using traditional LTR methods unless you put down a huge down payment.

Recognize there are challenges doing BRRRRs since the rate increases that have occurred in the last couple years