Challenges?

In my experience, finding cash-flowing deals on-market can be challenging here (1% rule can be hard to find) but not impossible.

You can use that scenario as a learning experience when you may or may not encounter future challenges. 

LTRs with long term conventional financing and standard management aren't really cash flowing anywhere right now. sure, there are lower cost markets that look better on paper, but there are costs associated with those supposedly cheap markets as well - deferred maintenance, more challenging tenant base, higher cost turnovers as a percentage of the rent.2. i wouldn't pick a random market thousands of miles away based solely on statistics or numbers. 

The equity gap can definitely be a challenge but there are still deals out there - typically with homes that were purchased in early 2022. 

I'm not underestimating the work and unique set of challenges that come with it by any means.

Starting with a smaller property or a few fix-and-flip projects can help you build equity, gain credibility with lenders, and better understand the process before scaling up.Securing funding for larger projects can be challenging without prior experience, but options like hard money loans might be worth exploring.

Challenges?

While you’ll get your initial investment back, the first 5 years will be challenging due to the ongoing costs.Let me know if you have any further questions or want to explore these numbers in more detail—I’d be happy to help!

The biggest impact AI has in our business I believe is follow up re-engagement and appointment setting.