My wife works for Ferguson, and I know many contractors, so I can get a lot of materials at cost.

So I have my house that refinanced in 2020 for a 15yr 2.5% rate and we have about 56k equity.

@Jordan Miller most Class A & B rental properties bought since 2021 really don't cashflow from day one.Class B will take 1-3 years to start showing cashflow.Class A, 3-5 years.Current investors keep making the mistake of looking back at deals from 5-10 years ago when prices & interest rates were both a lot lower, but NOT rental rates.

I live in Buffalo NY and have not seen much going on at this location. 

@Gina Washburn I have the same experience.

If it is then it is a valid comparison.If it is a 2 bed 2 bath condo, then make sure you look at those comps and not the hotel.

You're considering taking a peek at the Cape Coral, Florida real estate market, which is fantastic!

Good luck—I’m sure you’ll do great.Don’t hesitate to reach out if you have any questions; happy to help.

You can find it through the MNREIA web site or email me if you have any troubles.Type @ and the first few letters of a person's name to link.

but hey ,  and this is not aimed at this guy.. but we all have to start somewhere .