In Memphis, there were distinct differences depending on the area, and I'm curious to hear your insights on how Nashville compares.

Wondering if there are others so I can compare prices.

I’ve got a distressed and on-market house that was recently completely renovated until the couple ran out of money (all of the heavy lifting has been done, just a few things left), and it is listed well below market price compared to surrounding comps I could find.

Buyers have a bit more breathing room to negotiate.Sales Activity Upward Tick: Closed listings across the Austin metro area saw a 5.9% increase compared to April 2023, indicating continued housing market activity.What Does This Mean?

I reckon my situation is a bit different since it's not a typical 9-5 and I was self-employed but I enjoy doing both. 

I live in an area with very large incomes, and low house prices compared to the rest of the country - there's dozens of cities and towns in Canada like this, so don't paint the market with a broad brush. 

They're cheap to do, compared to the money that you would gt back. and these strategies can be used over and over again, with each property acquired or rental-renovated.

But an analysis of the numbers will show you what your comparative net returns will be at current rent/mortgage rate. 

So I guess it does work don’t ya reckon?

If he does ask, tell him you can rent something comparable for 30% cheaper and it's in your financial interest to do so.