Question: assuming an ideal brrrr that has all investment extracted at the refinance, why would you choose a low cost market over a high cost market?

Could be a business decision based on keeping long-term high quality tenants rather than risk the costs on turnover. 

.• Creative Financing: Keep an open mind to creative financing strategies; sometimes thinking outside the traditional box can reveal opportunities others might overlook.On a related note, I help investors streamline their operations by generating quality leads and assisting with VA hiring, which might be useful as you build your team and network in the area.Looking forward to seeing your progress and sharing insights along the way.

Where you fall in that range will be dictated by bedroom count per unit and the quality of the area/building itself.

A great resource to check out is The Frugalwoods—they share practical strategies for cutting food expenses without sacrificing quality.

We moved into a nice house in Florida when I was a sophomore in high school.

Right now, I concern myself with the quality asset.

So, make sure YOU understand the copy & paste info below:Recommend 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?

Each property should be evaluated based on its characteristics and overall quality as an investment.

Need to spend some quality time roaming around here to get a feel for it.Tony