How long are you planning to do this approach?

One of the best resources I’ve spotted for honest property management feedback-beyond scanning Google-is checking local Facebook investor groups and seeing who people recommend.Anyway, Ethan, since you’ve done a bunch of data crunching: have you or anyone else revisited these numbers more recently, and if so, how have shifting mortgage rates or local employment trends changed your approach?

That remodel is going to take both time and capital, so it’s a key part of my plans as well.Would love to hear how others are approaching similar goals—anyone else tapping into equity or gearing up for larger projects?

As an agent who has worked almost exclusively with investors for years, I almost automatically take the approach of saying “no” first.

Your specific variable expense assumptions are wrong, BUT you stumbled into them being correct overall.Also, you are approaching this correctly - entering in the numbers to generate a purchase price that meets your metrics:)

The idea is to find a pocket or neighborhood that offers the right combination of estimated ROI and rental demand, giving a balance of cash flow and tenant demand.In my view, this approach provides a more reliable signal of demand than relying solely on pricing adjustments or short-term market trends.

the investor may or may not seek to redeem the rights up to that point. i can't get them at this point.and who knows when the judge will approve the sale.now, of course, i regret not approaching the owner for the redemption rights prior to the sale being approved. 

What worked for him.. and could work for you.. is taking a calculated approach by "house hacking."

There're some alternative planning approaches, but they are always case-by-case.  

Now, if you listen carefully you will find that he too found some of the same things that others mentioned...no deals in Austin, prices were too high...but then he adjusted his approach and nailed it!