Our first year out was crazy good renting for $3300 when market rate was around $2100, but by mid 2023 and 2024 it felt harder.

With this type of YOY growth, you can re-invest you equity into upstate or OOS markets (i.e.

If fully updated, market rents could be 5K a month plus utilities etc.The office space is currently being used as a medical office and it's a block from the hospital so there is always a good pool of rental candidates. 

One I know is based in LA as that's a huge market of course..

The IRS seems to hedge on this and I see other custodians marketing say you cannot have full time employees.

I am currently a junior business marketing major with a concentration in professional sales at Samford University.

Exactly Tom all of my sub to over the years have been deals were we got the assets for far below market did rehab and resold generally within 9 to 12 months we never bought them to keep as rentals.

That’s a small fraction of what all that would cost in my market.

My only tip is to stay on top of the market rents in your area.

They are either dealing  with a property they are having problems with or they want more than market vale.