That should catch most of these issues.Some, you'll never know about until someone actually lives in the property. 

In my eyes, "heavy" competition is very subjective.

I have eyes on a property that I could get at about 120-130k after speaking with agent.

The catch is that it must close before January 31st, and I had to use their lender, DHI.

Not too shabby for land appreciation.That said, I’d keep an eye on the Elon Effect down southeast.

What caught my eye was how timeless your question is - high prices and tight cash flow are still big challenges here.

I've been eyeing land in Central and West Texas, and they occasionally have some interesting opportunities, but some of them seem too good to be true. 

You'll never catch up to market rents at 3% per year.

That kind of networking plus honest cash-flow analysis can open more doors than simply chasing rumored off-market listings.Interestingly, I recently saw a property here in Phoenix (ARMLS #6757476) that sold for around $450K in October 2021, then resold in December 2024 for $1.8 million.. that’s an eye-popping $1.35 million jump in just three years.

I've mainly had my eyes on the Northshore area as well Revere, Malden, Saugus, etc.