Significant cost factors include: property taxes, insurance costs, state income taxes, property age and construction, climate and eviction time and cost.As an example, we own properties in both Las Vegas and Austin.

Located in the Mojave Desert, Henderson has a hot desert climate and gets about a quarter inch of rain per month on average.

We always deal with as exact numbers as possible, because you have to factor in all the real numbers that are actual or expected based upon market conditions and neighborhood climate.  

Florida: The Paradise of ExclusivityFlorida remains one of the most coveted destinations for investing in luxury properties, not only for its beaches but also for its favorable tax climate (no state income tax) and glamorous lifestyle.Miami: Miami is the epicenter of luxury in Florida, with its combination of tropical climate, white sand beaches, and a vibrant cultural scene.

These regions are booming, with demand fueled by their coastal appeal, warm climate, and expanding job opportunities.

We purchased two properties in Upper Peninsula, MI that each need extensive work  - foundation to roof.This is a growing town with outdoor activity and climate migration its primary draw. 

Their main reasons remain immigration (and living in an area with good climate and fresh air), education for their child (as a good range of great schools) and diversification of their assets (better value for their money compared to many cities in China).

I was in the Mortgage business during the 2008 collapse and I don't feel the current lending climate relates at all.

The question is - how to make that happen in this new climate.

I'm in Florida, so we don't have nearly the challenges someone in a cold climate/mountainous area would face.