The market right now in Wichita is hot and we have a lot of investors, so most desirable properties for rental or flips are gone within the first few days.

SLC is pretty hot and I am not seeing that great of numbers.

I suppose the answer according to this philosophy is to sell the house in order to pay off the new one faster.This just seems like a unique opportunity considering we already have the house and it has appreciated so much in a hot rental area.

house or you need to 'free up' that VA loan slot for something different, or if that $250 negative is keeping you from something else, I'd keep it.

What I am doing is daily trying to learn my market (Salt Lake City) by running numbers on deals that I see daily from MLS hot sheets that my realtor has set up for me.

It is definitely a hot (and evolving) topic so thanks to @Wayne Brady for creating a thread.

As a young profession in a HOT market, I am looking for house hacking opportunities, and investing out of state.Seeking: REI opportunities out of state (NV, AZ, midwest, sh*t literally anywhere but CA). 

I'm using the typical general equation: ARV x .70 -  repair costs = purchase price.I understand the markets are super red hot now however. 

Hello,   I'm trying to buy my first home to live in and the market is pretty hot right now in Newark.

@William Huston  The FL market as a whole is hot spot. it is only normal that in this Phase of the cycle it is hard to find good returns.good on you for making 41 Offers!