There are many threads about the downsides of the Midwest or any market. 

Otherwise, an employer is legally not allowed to share worker information, so we have a Verification of Employment (VOE) form we send with applicant's authorization signature.The biggest challenge/frustration is, all of this takes more time and effort - which costs a PMC more payroll!

This was the biggest reha What made you interested in investing in this type of deal?

The downside to this strategy is that I would have to pay additional closing costs.

The only downside for me is that it can take a few days for the money to actually process/deposit, but that works fine for me.  

Despite Austin's population only growing by 1% from 2018 to 2022, it had the biggest GDP evolution at 46% during that time and tied with Fort Worth for an 11% rise in housing, the report says.

I was doing a lot of legwork and still paying RE agent for the transactions up until got my own license.pros: no commissions in your transactionseasier qualification as real estate professional to offset high W2 of spousecan get access to any house/ easy logisticsmore control in the transactionMLS access with all the information on tip of your fingers, you can move fast with the deallicense knowledge helps to make better decisions and gives broader understanding of the industrycan legally do property management for others, wholesale (many states now making outlaw to do it without license)cons:need to take an exam (it needs preparation and to be good not just barely pass you need to study)fees you pay along the way (MLS, brokerage(I signed with investor-focused on and have a monthly fee and a transaction rate))self-management including taxes and feesneed to relicense + paid education Don't forget the biggest con.

Biggest mistakes is bad underwriting

The biggest takeaway I've gotten was it depends on your market, the rehab, and how you plan to finance! 

.• New construction is likely to remain limited, with inventory growth forecast at 0.5% in 2024, declining to 0.2-0.4% annually through 2028.However, downside risks remain.