Granted that's apples and oranges, because the new homes are larger and all in the suburbs, but as long as you can buy an existing home for half the price per square foot than a new construction home I would be careful with expecting peak appreciation.

@Karen Seguin, it all depends on what you are trying to convey to your tenants.At minimum, any welcome letter should provide updated contact info for maintenance requests and mailing address for rent payments, and if the legal notice address is different than lease, include that.This can also be a good way to politely remind people of any general rules that you expect them to adhere to.  

Final appraisal came in way higher than we expected and made $57,000 after paying ourselves back and hard-money lender.

I'm actually doing this right now and am going to hold a recent flip project as the area is going to be developed over the next couple of years and I expect appreciation to rise. 

BRRRR is possible in Greater Cincinnati, but just like everywhere else, at least properties on market, don't expect to pull all your money out.

I had a RE license as an Investor/Contractor and never saw that it saved much money (My experience anyway) People think you save 2.5 - 3% on every deal because you don't pay a Buyer's agent.....but most sellers are not dumb and will not automatically 'give' you that money, they will either expect that they keep it or maybe work out some kind of a split.So if you are just going to be an investor, there is no way that it is worth the cost (IMO)

Broken Bow, Oklahoma2.

By already being in a property you'd be able to refi when the rates lower instead of participating in what I expect to be a period of bidding wars.

I would expect liquidity is limited.

If you chose to do the tenant a favor, its beyond me why he expects you to pay relocation also.