That should abate in the next 12-18 months, and as new units stop hitting the market at their current pace, Phoenix may see solid growth, especially as the market seems to have solid inbound demand fundamentals, good jobs, tech presence, etc.

Once you have that general knowledge, the key is to gain market-specific information about the territory in which you intend to work. 

This marks a significant recovery for a market that spent much of 2023 in negative rent growth territory.

Croix's economy has been depressed the past few years with the closing of the HOVENSA oil refinery which was the second largest employer on the island (second only to the government).Closings must be handled by an attorney in the Territory.

Real estate offers tangible assets that can appreciate and cash flow, but your IT business could also have growth potential, especially if you find the right help.Considering a Hybrid Approach:Since you’ve got strong systems in place for your online store and rentals, perhaps a hybrid approach might work—slowly transitioning more time into real estate while maintaining a steady presence in your IT business.

You can help with stuff like researching the market, handling social media, or even just being a local presence for out-of-state investors.

Homes don’t appreciate as quickly, but the military presence here is huge and creates rather unique opportunities.

- vandalism- unstable economy - and many other problems of an impoverished countryI'm sure once you have a good team (broker, agent, lawyer, insurance broker, contractor, prop.mgr) that you can trust, it's all doable, but building that might take time and money and physical presence.

If it is good enough for my local building authority to get permitted, it is good enough for me.In both of these cases, it was the presence or absence of the all mighty built in closet that allowed me to execute these real estate maneuvers. 

New to the site.  Been working with someone to help me find properties for Section 8 in Cleveland. Prices are getting a bit high and looking for other decent cities to invest in.  Prefer Eastern part of the country.  ...