The way this deal is structured it is roughly $1M below market value given current market trends.

Cash invested: $40,000 Sale price: $205,000 Strategic Market Pivot: From Long-Term Rental to High-Yield Fix and FlipThis property was strategically transitioned from a single-family long-term rental (LTR) into a fix-and-flip project after analyzing market trends and identifying a pivot that would yield better long-term returns.

Network with wholesalers, check public records, and use platforms like PropStream or DealMachine to find distressed properties.Be Cautious: Pay attention to permits, inspections, and local market trends—over-improving for the area could hurt your profits.Starting with a solid plan and realistic numbers will set you up for success.

Key things to focus on include researching landlord-friendly states, understanding local market trends, and building a reliable team (property manager, realtor, contractor) in your chosen area.

Los Angeles market trends.

Are you seeing any emerging trends or opportunities tied to these lifestyle improvements, such as increased demand for certain property types or neighborhoods?

@Monica Gonzalez owners rarely track Days On Market (DOM) trends and seasonal impacts. 

They are still at a discount to the 10 year treasury bond (i.e. market trends indicate they will continue to escalate).

Sometimes we have uncertainty with things like the market trends and interest rates.  

Economic Timing.According to data compiled by Marcus & Millichap[2], the Portland area has experienced three very important trends since 2010:The average price per unit for apartments has nearly doubledThe rate of employment growth rose from 2010 to 2015 but has since declined steadily, projected to be up 1% for 2020 (estimated before COVID-19)Roughly 30,000 apartments have been built since 2010, with another 5,600 units slated for construction in 2020Most RHA members have enjoyed a solid decade of price growth, rent growth and steady occupancy.