Is it worth it for someone like me who hasn't done any deals yet, but is going to be making offers on my 1st investment property in the spring?

Hello,My wife and I recently found a property that fits all of the things we are looking for, perfect location, price, rooms, etc. except for one problem: The previous owner was a smoker :( Does anyone have experience buying/renting out/living in a home previously owned by smokers?

My wheelehouse is long term management of investment properties, but I do have a good relationship with a loca Chattanooga broker who helps investors in the area.

I found a property in my area that would produce decent cash flow and appreciation; however, I would have to use funds from a HELOC on a different rental property for the down payment.

The moment you get emotional on any property you should run away not walk.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

The seller really put a ton of work into making this property look amazing!

Hey BP community,I’m looking at a short sale property in Florida and considering making an offer.

G'Day Alejandro,As a few have already mentioned, take a peak at Toledo also.In my opinion lower potential for long term appreciation but solid/"boring" cashflow.I prefer my portfolio to be "boring" but cashflowing lolLow entry points (Sub $100,000), high rents (Above the 1% rule).Blue collar working class decent folks that will stay and pay.Depending on the area but no derelict homes, yards well kept, cars with wheels and all tenants are employed.Plus, all are sophisticated enough to pay rent online so property management doesn't have to collect rents with bullet proof vests and shot guns lolI'm bias toward Toledo but it's worth considering.Wishing you much success

I want to know how is rental market in Austin area and my main concern is Property value went up recently and how it's coming along on rent and is there any opportunity for cash flow in austin marketThanks