There are VERY few markets that only flatlined while everyone else experienced a decrease in property values.

hi richard. keep this in mind. your best deals out there are NOT listed. realtors serve a great purpose. but they don't have every house that is avalible. i find houses all the time that are vacant for one reason or another. most need serious rehab. my advice to you is to look around. look for houses that are obviously vacant/ abandoned. i know this doesn't help you with finding a place for yourself and all of your belongings, but if you can get into something temporary for now, you can hone your skills in finding just the right place. good luck to you

Does lower competition mean decrease or increase rent ?

This is for you buy-and-hold types that are now at the stage of looking at your 'permanent' financing; no point in doing this on hard money you're about to refinance out of, or any other 'temporary' financing that's holding you over until you cash out based on ARV.

Once I’ve done that, I want to focus on making more payments on one of the properties to decrease my risk and then move on and buy some more.

With decreases in inventory and increases in population prices have continued to quickly rise in the city limits.

I did an analysis on this property myself (but very new to the process) and couldn't determine a way for it to cash flow without decreasing the price (I also didn't have a sound understanding of the utility expenses either so that could change things)Do you mind sharing your analysis so that I can learn from what you did/how you made the numbers work?

That way they can plan for temporary housing while their home is ready.

Mobile homes tend to decrease in value and the insurance only cover so much.

Meanwhile, a tax professional will help you understand how to best structure and run your business so as to decrease your tax liability as much as possible.