My ideal time to have an appraisal complete is post renovation of the house, but BEFORE the tenant moves in.

depends on market most of FLA that wont move the needle.rust belt mid west you can find deals for those amounts.. going to be rougher areas of course. do NOT follow the advice of anyone suggesting second postions or gap funding.

If that’s something you want to discuss, let’s connect and see if there’s a fit.This is definitely worth pursuing, but it’s all about making sure the structure is airtight before money starts moving.

For a bit of context, my wife and I recently moved to Tennessee and after renting for a bit we are just about to close on our first property.

Quote from @Mehdi Mir: G'dy allI'm moving to Dallas, Texas from Australia, where I've gained extensive experience in real estate.

Plus, you get huge appreciation here based on how many companies are moving and developing here! 

In the next six months I will be moving out of the country.I am on the fence with my current rental property.

Buying a second home for short-term rentals can be a smart move (especially in a vacation hotspot like West Palm Beach), but there are key factors to consider.

To your 3rd point, for a house hack, would you recommend finding a property that has some damage and needs an update to get it to its After Repair Value (ARV) or don’t worry about updating house hacks at all nor the concept of finding ARV for house hacks and just look for properties that are move in ready and can cash flow from day one?

I grew up in RI but moved to Boston for college and have been in the Boston area for 15 years.