Cincinnati and Birmingham tied for second place with a decline of 0.2%.The decline bucked a national trend where rents increased in 47 of the 50 largest metro areas in January compared to the same month last year, according to Zillow.The typical January rent in the Denver region was $1,918, a 0.8% decrease from January 2024.Multifamily rents experienced a larger decline than single-family rental properties, with Denver once again recording the largest drop in the nation at 0.5% in January, tying with Cincinnati.Read the rest of this story at the Denver Business Journal.

If I were in your shoes, I’d focus on house hacking in Phoenix by exploring multi-family properties or using the BRRRR strategy with undervalued single-family homes.

Foundations actually don't come up that much in Chicago.... so many awesome brick properties.

I have worked with a number of investors who have moves on properties in the Charlotte area.If there is any way I can help let me know and best of luck. 

I am located in Western AustraliaI have been exploring small multi-family properties and flipping houses.

Vacant properties are targets.

@Daniel GrantzRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I recently helped a friend who was in a similar position - looking to tap into equity for a rental property purchase in Phoenix.

@Autumn DeVaughnSince you already have experience as a real estate agent and property manager, you're in a great position to start investing.

The property had foundation work done just prior to the sale but continued having problems, even after I hired a second contractor to correct.