That's why I tell a lot of my clients that it's a perfect time to invest right now when you can still find the 1% rule and positive cash flow especially in properties here that are still 120-180k in purchase price.

For the BRRRR process I plan on using a hard money lender for the rehab process for the SFH's but what I'm not sure of is, should I purchase a duplex and rent one unit out and live in the other or should I just rent for now, not purchase a duplex and just purchase a SFH with cash and start BRRRR'n immediately?

Some places require you to change the water between guests.I've never heard of a saltwater hotbtub.Sounds more expensive to purchase.

That is, it should beassumable by creditworthy purchaser(s).No surprise, I received different responses from the RLCs.

My first STR, purchased in 2005, was negative cash flow for 4 years.

Unless you want to live in that district, I would avoid any and all purchases in an area like that.

Should we explore that route, purchase an already built duplex in Peoria or another part of the Midwest? 

Purchase price: $45,000 Cash invested: $45,000 Single family buy & holdHey @Malcolm Grundy!

Hi @Stefano Vrolijk, my team and I help foreign citizens purchase investment properties all the time.

Have invested in ABQ with first purchase in 2020 - and that was based on my knowledge as a film/TV friendly area and affordability.