Any changes in federal spending could influence the job market and, subsequently, the real estate market.4.

If you got a sight unseen, off market offer it could be a low baller.

Quote from @Chantel Holsather: I am always an advocate if you can fix up a property to make it more marketable, that is really the way to go.

They work well in areas with steady rental demand like suburban neighborhoods or cities with strong job markets​​.Considerations: Your property management needs will be lower, but rents may rise more slowly over time compared to short-term options.Short-Term Rentals: High Risk, High RewardAdvantages: Short-term rentals can generate significantly higher nightly rates, especially in vacation destinations.

If you do not do your market research correctly, it doesn't matter how great your list is because you will pull a list in a bad market.

it's a tough market. 

Most of the ones I bought had existing tenants and almost all were paying below market rents and way below market rents.

-Finding off-market deals and securing financing with limited capital.

As far as markets go, there are tons of options, what are your goals?

It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.