Phoenix has been a hot market for rentals recently, but consider how long-term trends, interest rates, or construction projects might impact demand.Here’s a quick story: A friend of mine bought a new-build in a suburban development a few years back.

Going after their license is the most impactful thing you can do at this point IMO. 

You must hire locals who are familiar and acclimated to the culture of the city you plan to create rentals in. 

Plus, I get to experience all kind of great people, food and culture in the meanwhile. 

I believe the biggest impact AI can make in our industry is in follow up reengagement.

There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!

Texas boasts affordability and business-friendly policies, but lacks some cultural amenities.It depends on your priorities!

My problem is how to measure if it has any impact on sales price or time on market. 

Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.

It’s also worth verifying if Beaumont and Port Arthur have any specific contractor registration or insurance requirements, as local compliance can sometimes impact project timelines.