Consider arriving early if the auction allows potential buyers to walk through the home first.

She was due to arrive today.

If it were sold through normal real estate brokerage firms, we would have to pay 6% commission, therefore I deducted 6% from the appraised value to arrive at an adjusted value  of $436,160.   

Coming to the end of a thorough renovation and the fruits will be arriving shortly.

Coming to the end of a thorough renovation and the fruits will be arriving shortly.

Coming to the end of a thorough renovation and the fruits will be arriving shortly.

This year might not be the best year to go all in with an investment if the sole goal is cash flow or appreciation (not personal use).In a mature market such as the smokies, I think you can reasonably arrive at a fairly narrow occupancy rate. 

You could not beat the Chinese, the Mexican and the Indian that first arrive here, and those countries has million people that could produce more with less money. 

I am very local and have been telling investors for 1.5 yrs that this type of market was coming and it arrived about 6 months ago.

I know this isn't the greatest time to get into the market and am well aware that Santa Fe is VERY competitive and low on inventory but my life/career is dictating decisions more than the desire to grow a portfolio in hotter markets (for now).