Does it look like a modern-ish apartment with breezeways and internal stairs, or is it built like a roadside motel with long walk ways along the front.  

Unless new companies move into town and create replacement jobs, all that will remain are lower-paying service sector jobs.

Once you’ve built some confidence and systems, you can start exploring additional markets.I personally focus on 2 markets that are about 20 mile radius.Make sure the market(s) you choose align with your investing goals, whether that’s cash flow, appreciation, or both.

These are the areas just northwest of downtown (west town, Logan square, Irving park).

The mega site in Richmond, as well as Mt Vernon, will really change the landscape in these areas as they did in E-town when the battery plant came in play. 

In terms of STR it seems that in the really strong markets (Lisbon, Porto, old town Ericeira) it is difficult to get the AL licencing.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

As listing inventory built up in the spring, prices softened a bit as we hit the summer months with an uptick toward the end of the year.For broader context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:Compared to the recent price peak in May 2022, the median single-family home price in Austin is down approximately 17%.

You will also want to find out if payments are interest only or if some principal is built in.

@Robert StephensonIt’s great that you’ve built solid equity in your current rental property— Here are a few options to consider:Cash-Out Refinance: You can refinance your rental property and pull out some of the equity to use as a down payment for another property.