Feel free to DM me and I can review the micro market with you and wish you luck. 

There is a price for everything, but flippers make the mistake of thinking they can still get market value on a locational error.

When you mentioned pulling out $110k, that’s the perfect snapshot of how equity can turn into future deals without selling outright.So, if you were to rinse and repeat, would you still go for another rental thta’s already turnkey, or would you look for something you could add value to?

My suggestion would be to consider the properties you're purchasing and focusing more on ways you can drive up the value of each property more quickly.

By year's end, the inventory flattened out considerably.Property values, however, kept soaring in 2024.

Also, there may be a very good investment channel that reviews cash on cash return in Lynchburg, InvestLYH. 

There are 2 MH currently, a 2001 and 1997.There is a lot of value add to this property, and is my interest in it.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

As a newcomer to this field, I am eager to learn and grow, while also contributing value to investors and professionals.

They may want you to put some kind of disclosure in the offer about buying under market value for the intent of making massive profits or something like that.You'll also want to know what kind of split your broker expects from you if any.