You'll have the same potential upside range wherever you do it - 10-40% are probably the outside ranges.

@Randall King If you find the property isn't performing well, a 1031 exchange would defer the tax and concentrate that equity into something that has a greater cash flow potential, like what @Corby Goade said.

It's a great property with still a lot of upside potential.

Finding the right realtor/wholesaler can be a huge advantage, especially someone who knows the local market trends and can spot areas with hidden potential.

. $600M total potential acquisitions.

Home includes 2 lots so potential of building other home next to it someday.

Hey Robert - Condos and apartments can be a solid entry point due to lower purchase prices and potentially lower maintenance responsibilities, especially if the HOA covers exterior upkeep.

Regina, my sister is  currently stationed in Cleveland (coast guard), what are some good areas for her to scout for potential investment?

Focus on STR-friendly areas like Newburgh or Highland Lakes, and use platforms like AirDNA to assess revenue potential.

Drawing from your industry expertise, what would you consider the average success rate for Fix-and-Flip investments, and which localities offer the most potential?