Upfront Costs Readiness✅ Budget for repairs, upgrades, tenant screening, and marketing before listing.✅ Set aside funds for legal or professional fees if needed.4.

My company scans and analyzes thousands of properties a day and I can say there are definitely better markets than others!

Hi @Adriano Triana, nice to meet on the BP platform.It depends very much on your knowledge of the market.

I also have $102k in a money market account that currently earns about 4.5%.

If rates drop, more buyers will come to the market and you can refinance to lower your monthly payment.

We're an appreciation market, not as much of a cash flow market here, unless you're putting a large down payment or actively managing STR's.Buying out-of-state can get you more cash flow, but the tradeoff is less appreciation (usually), and cash flow can be eaten up by maintenance and expenses.

It’s great to hear you’ve got experience across both Indiana and Florida markets.

I believe there will be major market decline due to other things, but I hope not.  

You'll have better luck analyzing a few properties a month from investors, wholesalers and realtors that can find you off market deals.

It wouldn’t work in a red hot market like we had a few years ago where everything was selling super fast, but in todays market there isn’t as much urgency to see properties and get offers in immediately.