Historically, this market gradually trends upwards, with few dips, and less volatility in real estate purchase and rental prices. 7) The greater ABQ metro area and Santa Fe have a population of approximately 1,000,000.

You will have doubts and you will have fear of failure but even if we don’t always reach our goals, the process itself shapes us.

If the lease is at market rents and the unit is in great shape, it could be attractive to another investor.

Check out your local Salvation Army, they always seem to have a couple in decent shape for $100 or so....

Any losses incurred along the way are chalked up as inefficiencies / common area heating costs.Whether this is a good idea, IMO, is based on markets trends.

If the property was in really rough shape when you handed it to them, I could see why they might want to have some income to manage all that work. 

Any guidance on neighborhoods, market trends, or the local real estate process would also be greatly appreciated!

Is this a common trend? 

We’re trying to figure out what’s trending and would love to hear what’s working for you in your area.Looking forward to hearing your insights—thanks in advance!

I dont know the area, or the county for that matter, whatsoever.I did some preliminary due diligence on Clinton, including 5-year population trends, demographics, rental rates published, and some other region-specific data.