The lot size, the pool, and the quiet cul-de-sac location provided great bones, and with the right upgrades and modern touches, it could command a much higher price in the competitive Hamptons market.

I live in a cheaper market with a lot of sub-75k properties.

As-is cap rate of 7.5% in my market (kc) would be pretty awesome to buy. 

They do have you approve different settings that prices your property at the 50th percentile of your market or 75th percentile etc.

Even with pricelabs you have to know how to pull the right levers and have the right settings for your market that just takes time to learn.

I'm California-based where there aren't any real deals in my area, so I'm exploring Detroit as an alternative real estate investment market - due to the combination of it being a strong market and my having connections in the area. 

Any advice on starting out on this in the Houston or Katy market?  

Sees a lot of off market stuff because he is a property manager as well.The toughest part about investing outside of your locality is finding boots on the ground that you can trust.

There are more duplicity costs with SFH - more roofs, more yards, etc - but I have had and managed both and homes are better in my market. 

I am considering investing in the Ohio market.