Popular markets often include beach towns, mountain retreats, and areas with strong tourism.It’s also important to research local regulations, occupancy rates, and management costs to make sure the numbers work.

I'm analyzing a mountain/lake town about 4-6 hours out from 3-4 fast growing cities.

I personally wouldn't buy an old home as a rental, I only buy 1980 or newer for myself, all of my properties are in the north part of Gilbert built between 1985-2003.

Hi all - I posted a similar question on another thread but want to approach it from a different angle.As we know Boston/sorrounding towns is an expensive market and finding cash flow is a challenge.With that said, there's potential in other cities around the country. 

Also, if there is a local college town you could advertise to any student association associated with religions which abstain from alcohol.

For one, Raleigh is largely built out.

To rent the home, I would lose about $2,500 per month (based on comparable rents in my area, property management fees, etc).Both options loose the same amount by roughly 2 years, and by this time, I still will not have built up much more equity in the home to make selling it a break even unless there is price appreciation by then.My dilemma is this: I speculate that my home will not appreciate much in the next 3-5 years due to the rapid pace of development in the surrounding area.In 5-10+ years, maybe, but by then I'll have bled $150,000 - $300,000.I have thought about this a lot and feel that I mar'-too close to the problem to see the best solution.

. - Value add - When building additional units, what steps should be taken to determine how many can be built? 

Built in 1905, this property features a total of 2,832 square feet of living space, divided into two units.

Does anyone have experience employing out of town people with 20 plus years experience ?