Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

CT spots like Bridgeport and New Haven also pop up a lot in conversations about good starter markets.

For example, should we focus on acquiring one high-quality property in a strong market, or would it make more sense to spread the investment across multiple lower-cost units in emerging areas?

Investing out of state in the KCMO area sounds like a smart move; it’s such an interesting market with plenty of potential.

How true is this, and how could that affect my real estate strategy if I were to enter the Texas market as a Washington State resident?

This is a good opportunity in a strong market, and with your excellent credit and HELOC funds, you’re in a great position to make this project happen.

Renting to a friend can complicate things, especially if you're starting below market rent.

Do you know the markets you threw out really well? 

After sending out thousands and not getting responses, or at least not good ones, I stopped trying this marketing method.

It is very important that the Wrap Mortgage is written at market terms using a knowledgeable attorney, an RMLO, and a servicing entity.These have risk and I'm not saying a new investor should go out and do them.