Nashville is a fantastic area for both, with strong rental demand and plenty of opportunities for single-family and multi-family investments.I specialize in DSCR loans (Debt Service Coverage Ratio), which could be a perfect fit for your buy-and-hold goals, especially if you're planning to grow your portfolio.

Thank you for welcoming me into this fantastic community!

The mobile homes can typically all go towards 5 year property, which is fantastic.

Birmingham is a fantastic market that many investors still overlook.

Couple things I wish someone told me when I rented out my primary in Katy:- your taxes will go up dramatically over time - cash flow is inconsistent- while Katy is a fantastic rental market it's still competitiveTo answer your questions: - yes, the homestead exemption will increase your taxes at a faster rate but you can protest them either yourself (I don't recommend as I've tried and it was a pain) or with a professional service- To start, you're either going to pay for books, classes, etc. or pay the school of hard knocks.

@Sherylyn Holden Fantastic to meet another SA native on BP!

Once it’s paid off or remodeled, it could become a fantastic rental property or your forever home, as you mentioned.

This thread is fantastic.

There still are fantastic deals and more will be hitting the market2.

On the other hand, a 200%+ return is fantastic and if they had been able to achieve that, perhaps rewarding the GPs for it is appropriate.6.