I have done it successfully on my last 2 buildouts, maybe 3, but only because I was able to acquire the properties at a very low price and I did all the work in-house (myself and some hired hands on staff).

And what is your price range and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Asking price is $998,0002 duplex units on 1 acre in good location.It's been on the market for a while, so I believe we could offer slightly above $900,000 and be considered.I would increase the rent after updating each unit.

While I’m based virtually, I’m actively working with investors and sellers across the state.Here’s what I can offer:Distressed land deals in Arizona—perfect for flipping, building, or holding onto for future development 🏞️Fixer-upper mobile homes at prices well below market value, ready for rehab 🏚️Off-market properties you won’t find on the MLS 💸If you’re looking for straightforward deals with quick, hassle-free closings, I’d love to chat.

However if you understand the process already and what you're trying to achieve and just looking for someone to do it for you, then I would search a bit more to price compare and then make your informed decision.

I agree that pricing a rental too high is a classic mistake than can make it sit, but don't you think encouraging landlords to rent quick will make them compromise on the vetting of the tenants?

Whereas owner occupant buyers are looking at comps, sold prices for similar nearby properties, and don't care about cash flow. 

Purchase price: $275,000 Cash invested: $45,000 Sale price: $400,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.

No one can answer that because we don't know what market you are in and what your list price is versus the actual value, as well as the scale of the town.When something hasn't sold in 50 days, it's overpriced.

OpportunitiesAffordability: Compared to many West Coast markets, Albuquerque properties often come at a more affordable price point, making it possible for investors to get started without a massive initial capital.Rental Demand: Due to the presence of UNM and other educational institutions, there's a consistent demand for rental properties, especially those close to campuses.Cultural Appeal: With its rich Native American and Hispanic heritage, Albuquerque offers cultural festivals, markets, and historical sites.