Warning: This post contains many charts, and I did not see a way to simplify the presentation.The zip codes in this study include: 89002, 89011, 89014, 89015, 89031, 89032, 89044, 89052, 89074, 89084, 89117, 89123, 89128, 89129, 89131, 89134, 89135, 89138, 89139, 89141, 89143, 89145, 89147, 89148, 89149, 89178, and 89183.

Hi Mahin, I would love to connect further and discuss KC with you and how it would best serve your investing goals

Hopefully rents start going up 2nd Qtr and into 2026 and 2027.What price range do you want to be in? 

You are definitely going to want to get a lawyer and as soon as possible.This will sound harsh.In your story, you have made a number of very poor decisions about how you purchased and managed this property. 

I just got my Real Estate license and am pretty happy to have passed on the first try.

I'm curious to dive deeper into the Santa Fe market and would love to learn from those with local experience.

However, there is a specific deal Which I find hard to understand the ARV for.It is a Single Family Home, 2 Bedroom 1 Bathroom, 850 SQFT.These two comps have a price gap I find hard to understand, even when considering the difference in renovation level.If anyone knows this market well enough to understand the cause of this difference, and if it might be due to an issue with the location, or if there is anything I am missing.Comp 1 - 1011 Elm Street, Burlington, NC, 27217 (120K)Comp 2 - 1109 Walnut Street, Burlington, NC, 27217 (120K)Comp 3 - 1505 N Park Ave, Burlington, NC, 27217 (180K)Thank you!

I think it's very dependent on the property and market. 

Location of property How did you find this deal and how did you negotiate it?

I spent many years managing myself and personally collecting rent checks.