However, the suitability of buying and renting out a single-family home in Richmond can depend on various factors, such as market trends, rental demand, and property values (similar case with all markets, really.)Chatting with a local agent in the area can provide very helpful insights into the market, data, and specific neighborhoods.

If you want to check out a pretty cool interactive map that shows tax data for every state, and even county, check this out from SparkRentalhttps://sparkrental.com/states-with-the-lowest-property-taxe...

Appraiser will use data from whatever closely matches the subject.

Hi Edward, To connect with more advanced investors in Spokane, start by exploring local real estate meetups through platforms like Meetup.com, Facebook groups, or BiggerPockets forums.

Have you and your wife considered exploring fully turnkey properties as an option?

However, exploring out of state markets could offer stronger cash flow upfront, so it’s worth evaluating both paths.A piece of advice would be to focus on building your core 4  team: agent, lender, contractor, and property manager.

I am still up there pretty frequently though so if there are every any REI meetups that you know about or a way to find those I would love to explore that possibility!

Flipping and rental properties are great areas to explore.

Practice analyzing deals, explore surrounding markets if NYC feels too competitive, and stay persistent, closing your first deal takes time but is well worth the effort.Good luck!

Hey Kyle, take a look at Redfin's market data for Phoenix and you can see the strong migration to Phoenix from affluent parts of the country like the Pacific North West.