In the new state where you intend to invest, research real estate valuations, trends, and neighborhoods.

The analysis also reports that new multifamily development will “remain near the average recorded over the past five years”.Integra Realty Resources’ 2017 Commercial Real Estate Trends Report ranks Pittsburgh #2 on its Top Markets by Multifamily Transaction Volume Based on YoY Change.Pittsburgh’s rental vacancy rate has declined by 25% over the last five years.Pittsburgh is booming with developments (see reference #6), “there is no better place to be a developer right now than in Pittsburgh.

Prices are currently high, so we’re looking to educate ourselves on how to find a good deal.

We are currently at a low affordability rate, which is typically a leading indicator of slowdown and price trend change.

Mortgage rates at 7% 2. 25% down3. 10% of current rents budgeted for capex, monthly repairs and maintenance and property management fees. 

The rebound in single-family home sales is impressive, but what really catches my eye is the inventory growth and the trends in townhomes and condos. 

The one guy I spoke with said they make money only when they sell to potential investors and they only sell new construction homes that are usually pre-leased to buyers (currently they are building in Texas state and Missouri State).

You have to walk these properties, understand where the hidden costs are outside of the spreadsheets, and understand the geographic appreciation trend and migration and population as well, none of which will be in the questions you are asking. 

Consider population trends, job growth, and economic stability in these areas.2.

I think investors see it the same way and invest that way too leading to bumps in prices if they start to see a trend.