I love her and she'll be a great person to connect with.If your property is not listed on MLS for rent when it's in Lincoln Park one of the A neighborhoods in Chicago, that could make a big difference.You want an agent who will list it for rent and sale some one who knows the investment space...you've got some great agents above to connect with!

So while yes, 100%, over a long enough timeline real estate at median has always risen, specific neighborhoods have fallen from grace and generations later never recovered to par (inflation adjusted that is). 

That means that speed = cash, so identify the slowest moving parts of the project and do whatever you can to speed them up.Do your research on the neighborhood. 

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.

I know I can get 250,000 profit tax-free and so that would be my target. houses similar to mine are currently selling between 400 and 450,000 and if I add one room and one bath turning my house into a four bed two bath, which is extremely rare in my neighborhood I see comparable selling for 500- 600k.

.* Property in a flexible market to switch the rental from an STR to LTR (if STR doesn’t work out).Questions:* What are the prospective neighborhoods or areas within and around Houston for STR investments?

I self-manage the property; I live like 20 mins away from it, it's a Class A neighborhood, the house was built in 2021.

It is all intentionally designed and the farm is looked at as an asset by the neighborhood.

Recommend purchasing a primary residence first, ideally a home that needs work in an appreciating neighborhood.

Mechanicals, roofs etc. can be towards the end of their useful life and pass inspection but then the cap ex can't be absorbed in many of these C/D neighborhoods.