The property was in a great market but needed a full cosmetic rehab and basement finish to add a bedroom and increase resale value.

The key for me wasn't to invest in the 'best place' but to know a market so well that a deal jumps off the page when it appears.

No one has a "crystal ball" to time the market perfectly. 

Housing pressures will vary by market.

It is not that good at the price point of DC or in my market (but better than my market).  

I have a lot of good information on the KC multifamily market that I can send you. 

Fortunately for me, I started investing a time in the market where everything went up.  

Purchase price: $88,000 Cash invested: $25,000 Sale price: $179,900 Found this deal from another agent who was initially going to list on the public market, but thought of me prior to doing so.

in a stick frame market and one of the cheapest markets to build we build with margin at $190 or so a square foot. that will go up over time about 5% or 10% a year to keep up with new build price increases. we are buidling a 3 story walk up and source some of the lowest priced crews.

Don’t forget. 2024 rent cap was 8.9% so you may never get “market rent”.