Make all your selections and dont deviate unless you absolutely have to!

I used to work for the VA and I know for a fact that the VA loan will allow for additions, if nothing else, for handicap access and disability related navigations of the property, to include stairwell modifications, handrail additions, etc.This is usually only for unique cases of disability though, IE severe injuries and/or disabilities.

(These averages represent state-level; individual cities may levy additional taxes.)To achieve the same level of cash flow as a property in Nevada, you would need to generate a higher cash flow in Texas and Florida to offset the higher operating costs.Texas: The property must generate $5,752 ($9,256 - $3,504) more cash flow annually to compensate for the higher operating costs in Texas.Florida: The property must generate $2,343 ($5847 - $3,504) more cash annually to compensate for the higher operating costs in Florida.Overhead costs can have a large impact on cash flow.A Process For Selecting an Investment CityThere are too many potential cities to evaluate each one.

Agree that Detroit is a unique case that has a ton of other factors at play.

Price nationwide just keep going higher at least following CPI number.I have mortgage from my CU that was very unique where I can re-use the same mortgage and payment even if I move to different house/sell previous one, so the rate is following me. 

By having a second pair of eyes throughout the buying and selection process, you'll end up with better metrics and more realistic expectations.

When I first raised rents I kept everyone month to month because I hadn’t selected those tenants and wanted to see how they would be before signing a year lease.

They can take time with their search and be more selective about a property’s location and condition.

Market Selection Criteria: To choose the right market, consider factors such as:Economic Growth: Look for markets with strong job growth, a diverse economy, and increasing population.Rental Demand: Identify areas with high demand for rentals, which can be indicated by low vacancy rates and high rent-to-price ratios.Affordability: Ensure the market offers properties within your budget that also meet your cash flow and appreciation goals.Property Management Quality: Verify that there are reliable property management companies in the area to handle day-to-day operations, especially if you are investing from a distance.Comparative Market Analysis: Perform a comparative market analysis to compare potential markets.

The reason must be base on an objective, non-discriminatory selection criteria.