It's located right on the outskirts of a booming area and I suspect it to be filled with homes and businesses within the next 2 years or so.

Low income tenants change their phone number often to avoid bill collectors, old boy or girl friends, etc.  

In Austin, we don't have the big boom and busts that Miami has had.

Probably not looking at either of them being a big boom area.  

Whoever was able to purchase the investment pre-boom are the ones who will walk away with a significant return. 

Would anyone be able to let me know which neighborhoods are booming right now or that you see great potential for?

My fist rental was a REO “A” area 875sqft SFH, I did a complete gut job, the area is booming with growth now.

But boom, you have your money back, a home in your name, and you rent it out to cover the new RIFI-ed mortgage.

I need to get more dialed and actually create a proForma so I have my exact numbers but I've been a busy bee with a booming mortgage business

Windsor is in the midst of not one, but two, multi-billion dollar bridge construction projects that will add thousands of direct jobs, and thousands more spinoff jobs, to the economy for up to the next 7-10 years.When you factor a major project like this into a situation where there is already a severe supply/demand imbalance and a lack of rental properties, you have a perfect recipe for increasing housing prices and increasing rents.Now we have a perfect storm in Windsor for investors to take advantage of with 2 major bridge projects, growing University and College populations, immigration from countries around the world, migration from residents of other provinces looking to downsize and move to a cheaper city with better weather, and a booming Detroit.