Do you think it’s better to buy a single family rental in the Saint Pete or the Tampa Bay Area?

Hello all,I'm looking to do my first single family fix and flip in the Greater Boston/Worcester area.

Stuart,  I really appreciate you taking the time to spell all of this out for me, this was super helpful.  

Hey @Denise Evans and everyone diving into the BRRRR world, you’re raising a crucial point about making sure every single penny is acounted for before signing on that dotted line.

That was super fast. 

Then, obtain quotes from at least three actual contractors. ( insurance and all that depending on the work)You'll likely encounter three types of contractors:The Super Expensive Guy: Highly skilled but often in high demand, resulting in premium pricing.The Average Guy: Offers good quality work at a reasonable price.

I was super happy.

Louis Fed shows the delinquency rate on residential single-family mortgages, and proves there's a way to spin this data to show that delinquencies are increasing rapidly.

@Chirdeep BhutaniCap rates are a good starting point but are only a single measurement of an investment.

This is super helpful to hear the contractor point of view.