Originally posted by @Eddie Lewis:Buying a rental property and finding that I underestimated the rehab by a large amount. 

Buy everywhere, except stay away from props off Superior east of Eddy Rd, and certain areas down Harvard and Miles, However do not even attempt to if you do not have a team in place, it will not end well.

There will be other investors like yourself as well as Donna Bauers, Eddie Speed and trainers and speakers.http://www.noteworthyusa.com/convention/I went last year and met a lot of folks and had the opportunity to listen to several of the speakers in person instead of on a webinar.Good luck!

Hey @Eddie Hincewicz, just an FYI, I did an extensive survey of a bunch of lenders and none of them would lend more on an operating STR vs a similar home.That does include if they have a permit.So anyone looking to buy, they would have to come up with the extra cash if the owner wants to charge more than the comps support.

I’ll start my search in December 2024 and would love to connect with folks who have insights or knowledge about these areas.Looking forward to making connections and learning from this awesome community.Best, Eddie

Quote from @Eddie Auguri: Howdy!

@Eddy Baik you are most welcome! 

Hi Tanjaree, here is what I found for the Waco metro area:Here are my rankings for zip codes in the metro area from best to worst-1.76706 (Waco) 2.76638 (Crawford) 3.76710 (Waco) 4.76630 (Bruceville) 5.76704 (Waco) 6.76640 (Elm Mott) 7.76708 (Waco) 8.76633 (China Spring) 9.76712 (Woodway) 10.76657 (McGregor) 11.76701 (Waco) 12.76691 (West) 13.76705 (Waco) 14.76655 (Lorena) 15.76643 (Hewitt) 16.76707 (Waco) 17.76711 (Waco) 18.76557 (Moody) 19.76682 (Riesel) 20.76524 (Eddy) 21.76624 (Axtell) 22.76664 (Mart) 23.76654 (Leroy)The Waco Metro also rates slightly above average compared to the rest of the state, making it a fairly safe bet as far as Texas goes. 

When I was starting out, I was going to attend his mastermind but then I attended Eddie Speed’s and I wasn’t impressed either.

Howdy Team,My name is Eddie Murray aka CPT Awesome.