We were interested in the Pennsylvania Ave deal in Rochester, PA, due to several key factors: Low Purchase Price: The property was secured for just $28,000, presenting a low-risk investment.

I believe Raleigh has favorable macro-economic factors, yet is still semi-affordable compared to other hot markets such as San Diego, Denver, and Seattle. 

If it is, there are many factors which will determine if the Department of Buildings would approve the change of use.

However, investors should be aware that cap rates can vary depending on a number of factors, including the property's location, condition, and amenities. 

Both avenues offer unique opportunities and challenges, so choosing the right path depends on various factors that are specific to your financial goals and risk tolerance.Investing in Residential Real Estate:Residential real estate is typically the more familiar option for many investors.

MLS will give you some, but you can look online to the City's website for the City owned real estate they have for sale, but those tend be up to highest bid.I wish there was a catch-all answer to this question, but there really isn't, because it depends on several factors - like what's your price range, what are you looking to do with the property?

Factoring in filing taxes, maintaining LLCs, and overall cost vs security, I’m hearing many different options. 

The two most likely scenarios:1) They are driven by non-monetary factors (e.g., mission-driven: want to make the world a better place OR lifestyle: prefer the work of selling a program to the work of executing it) and they are willing to stomach any difference in income, OR 2) They are making more money selling the program to you than they are working it for themselves. 

Consider factors like flight convenience, property management options, and your comfort level with the local market conditions.

You want to develop a plan for how to handle that in advance.In our book, payment history & longevity play a “first factor” in how we respond.