Do you think values in 39212 (SouthJackson) have increased since 2018?

Fair Return:An owner can also file a petition for a rent increase based onfair return.

The rents were at $1000 a door with a potential to increase up to $1250 after some small TLC renovations.When you factor in the price point, lower taxes and lower insurance you have yourself a sure fire cash flow deal.

We do want to offer flexibility, our goal is to keep the tenants so if increasing only $25 a month the first year keeps them we are open to it. 

Inspections are very good for homeowner buying a primary residence because its a huge purchase in their life and they usually have little knowledge or experience, but many experiencedinvestors myself included feel confident that we will see most anything an inspector would. 

@Neal Coppola As mentioned above, inventory has increased significantly for these lots, but with that being said, the overwhelming majority of those aren't listed anywhere close to what I would consider a reasonable price.

Investing in distant markets increases your risk and/or increases your costs. 

Lets say that their coaching was for a year and it cost them $10,000 and the average student bought 2 homes in the year and gained an increase in equity by $80,000 and they felt that they were confident in finding and purchasing good deals after the year was over.  

get quotes, run the numbers.on the addition - it's almost definitely not worth it, i suspect the time to pay the costs back for the increase in rent might be decades or longer. 

Underwriters want to see that the property is in an area that will support the valuation of the property with numerous comps so they can have confidence in the appraisal.