Sadly it is always overvalued for the locals as well.For context: the same comparable duplex a client purchased for $750k last february 2023 in Lil Havana is now asking $925k.

That is not a benefit for you, nor any kind of evidence that they are worthy of becoming a resident.That issue aside, I would not allow someone with a recent eviction on my property unless the "unfortunate circumstance" was unlikely to recur AND they otherwise have a strong historical track record of making payments AND they would put down a very large security deposit.

I moved from the SF Bay Area to live and invest in Reno, NV because of it being much more landlord friendly, low property taxes, close to Northern CA and Lake Tahoe, strong appreciation, and I understood the market after speaking to a bunch of people and feeling confident about the future here.  

After they renovate, they sell it to Doorvest clients (people like me) for ~150K-170K.

Remember to looking into rental and cost seg to wipe out entire taxes form your Flips.This post does not create a CPA-Client relationship.

Of client communications via ai. 

If you are not starting from a very strong financial position and you do not have the ability to quickly stockpile cash quickly from other means then I definitely agree with that statement from the book.

Another option is exploring secondary market platforms like NotesDirect or Paperstac to streamline sales.Hurdles you might face include ensuring clear documentation, compliance with DSCR underwriting, and strong borrower credit profiles.

HI @Sufyan MinhasI can only speak for Texas but I recently had a client try and sell his condo after 19 years and the HOA killed the deal.

@Rachel Seymour-NewtonIf the smaller property is a strong deal with solid cash flow and tenant demand, it could make sense to buy now and start gaining experience.