Being in the right area, especially near a popular train/subway station, makes a huge difference in the value of a property.

Laundromats and carwashes have gained popularity exponentially almost in the 6 years. 

I'm in Chicago and this is kinda getting popular.

In some cases, federal tax credits like those for low-income housing or economic development might also apply if the project aligns with certain goals.Instead of buying the land outright, developers often lease it from the tribe, which can reduce upfront costs and sometimes come with favorable lease terms.

Understanding the IRS disaster relief provisions is crucial for residents seeking financial recovery.Under IRS guidelines, individuals and businesses in areas designated as federally declared disaster zones by FEMA may qualify for special tax relief.

To really know if a 1031 exchange is worth it for you, you first must find out what your net gain is and subtract state and federal taxes from that.

An LLC doesn't make a difference in your federal taxes or what you can deduct.What you want to do is technically possible, but there are several hurdles. 

First, I’m not really seeing enough cushion in certain popular areas for investors to realistically hit a 30% profit margin.

Prices remain relatively low, but appreciation may be slower.Monroe: A mix of cash flow and appreciation potential, Monroe has become a popular choice for investors, especially in areas where new developments are popping up.Appreciation-Focused NeighborhoodsBallantyne: A well-established area with high demand, Ballantyne offers excellent long-term appreciation potential, though cash flow opportunities may be limited.South End: A booming urban hub with a vibrant retail and restaurant scene.

Not a tourist destination, but very popular and is experiencing rapid growth.