Other factors of condition, schools, and rental increases are some of the other factors to consider that will not appear on a spreadsheet.

You should have someone local who can drive by to check on the property, respond to emergencies, conduct regular inspections, etc.

That is something to factor in as well.

You can still find properties that are well below what you’d see in New York, and with the right approach, the BRRRR model can work really well here.I get that being close enough to drive by is a big plus, but if you're open to a market a little further out, Detroit is worth a look.

There has been significant growth, especially with tech giants like Intel, Meta, Amazon, and Google setting up operations (2 data centers), driving up property prices and job opportunities.

But if you want an ROI, as well,  the industry has been lying to you, and everyone else.Foreclosures, probates taxliens... all circumstances that explicitly do not drive motivation to sell.I am writing a book on the topic and here is a passage from my book.Circumstance does not imply motivation.

🏘️💥 Experts say the lack of new housing, high rent-to-income ratios, and post-pandemic demand are driving this fierce competition.

Various factors come into play with marketing, and what works for one business may not work for another.

@Kamryn DeVaultTo invest in a duplex, consider factors like neighborhood quality, economic stability, safety, property condition, cash flow potential, financing options, tenant screening, lease agreements, future potential, legal and zoning considerations, maintenance and management, networking, and starting small and scaling.

The sponsor is the one driving the ship, the one making decisions, the one who has to communicate, the one who is the bearer of good and bad news!