I also think, the flat rate ppl are playing to a race to the bottom. 

You may just stumble into seller financing if play your cards right.

Hi Robert,Given you are looking to buy another rental (long term), a cash out refinance on the existing property would be a good play here.

There’s no real reason to jump into another market unless your goals shift and your current market doesn’t fit anymore—or if the market itself stops producing the results you need.Mastering one market and squeezing every opportunity out of it is a much better play than spreading yourself too thin and getting half-baked results in multiple places.

I'm not too hung up on this, because the margins still appear very attractive (from what the agent speculated ARV). my hesitancy stems from a lack of experience and direct steps/plan of action to take on a property I like. 

If you ever want to chat more about this... or if you're curious how these strategies play out in markets like Austin or Scottsdale... feel free to reach out.

Income-based valuation only comes into to play once you get into commercial property (5 units and up). 

We're probably not going to take the risk if we're busy agents to play that game. 

Would love to hear from the community on their thoughts or experiences.  

These platforms are run by techies with no investing experience.