The Blue Ridge Parkway is also closed, even up in Virginia while the NPS assess the damagehttps://www.nps.gov/blri/planyourvisit/gettingaround.htm

From my assessment and experience, B-class locations will have negative cash flow (not break even), depending on how you define them. 

The low price tag is so tempting, but they just don't appreciate like SFHs, HOA and assessments are frustrating, and loan options are limited depending on the building's owner occupant vs renter population. 

I run a real estate data venture that pulls from various private and public sources and curates these reports, so it's not a simple answer.Social Sentiment: Search demand and what people are saying online.Neighborhood Class: Cleanliness, crime, graffiti, and overall health.Demographics: Identify market segments & trends.GDP & Economic Growth: County-level GDP changes to assess economic vitality.Poverty Metrics: Analyze economic challenges.Construction Activity: Easily predict market supply.Occupational Diversity: Forecast housing & commercial needs.Education Insights: Understand community stability.Real Estate Trends: Identify property value & rental cycles.Houston was just a place where I felt like sharing some knowledge.

@Chris Seveney Thanks, that’s helpful and helps me assess my situation a little better.

First, assessing if you can cover losses in the short term is crucial.

Buy a townhouse in this development near where I live called Sea Colony:Details: $860k for a comfortable townhouse.Pros:Comfortable place to live for the next few years, and I’d still have liquidity to invest elsewhere.It is still in my current community where all of my friends live, so I would still be where I want to be location-wise.Will get appreciation.Cons:High HOA fees ($660/month) and potential 10k special assessment in the next few years.Likely won’t cash flow after we move, so unsure whether it would make sense to hold.3.

Your assessment is accurate.  

I don’t know the condition of the property nor how to properly assess it considering my lack of experience – who would I approach due diligence?

Lastly, try to regularly assess and adjust your goals as your financial situation and priorities evolve, which will help keep things balanced and flexible.Keep learning and growing!