Time sink: takes so much effort and time while working full time.Option 2: Buying Rental Property in a Cheaper MarketPros:Time to cash is immediate is about 40 days from closing time.Landlord friendly: which means eviction and rent control in LandlordDiversification: Investing in a different location spreads the risk.Property Appreciation: Some emerging markets might offer significant appreciation over time.Established Rental Market: Easier to find tenants in established rental markets with a high demand.Potential to build an ADU: i can build on the property land.

Hello,An emergency electrical issue affected the plumbing lines too, and I am quoted the below price for repairs. 

Unless you have a very high maintenance tenant or tons of old plumbing/mechanicals you can do really well by having an 'emergency list' of really good handymen, plumbers, hvac tech, etc.

My focus areas include multifamily properties, buy-and-hold strategies, and fix-and-flip projects in emerging markets.I'm seeking advice from experienced investors in this community regarding promising states and cities for multifamily investments, fix-and-flip opportunities, and buy-and-hold strategies.

Are you ready to deal with tenants, handle emergency repairs, and manage the day-to-day running of the property?

In the mid-2000's, we saw Tulsa's emerging real estate market and had the opportunity to expand into the market where we have formed our division, TMC Property Management. 

I like a HELOC for an emergency fund, as well. 

This is where I can not tend to maintenance, or emergency calls from tenants.

It is not our job to subsidize family emergencies or let someone buy a home when they already committed to a lease term.

Mitigate your risks, get educated, get some experience, then determine your targets for growth into emerging markets."