we ran into this in FLA  a few years back when I had 4 starts and I exited that market.. permits  sub base all pretty tough for someone who is not there and already knows the systems hands down and has a devoted loyal sub base.. thats the key in my mind.

New construction in a saturated market isn’t always the best play if you’re looking for steady returns.A place like Rochester has way better fundamentals—lower buy-in, strong rent-to-price ratios, and stable demand from universities, hospitals, and major employers.

I think we will see more "adult" families living together...kids move back in or parents move in with kids.The traditional apartment model was based on 12month leases, but jobs are not always 12 months and people want flexible terms, so co-living often offers that.Seems like younger people between 20-30 and some other age groups don't want to get married and start that housing pathway our parents and grandparents took.   

I’m based in Columbus and own properties here, as well as in Cleveland and Hocking Hills.

@Eric Johnson   Investor and lender based in Dallas.

In the past 10 years, Ocala has greatly improved the employment base, adding tons of logistics and distribution jobs on top of the medical, service and equestrian jobs that we have always had. 

In instance above if you put in 42000 and get 1200 a year - 1200 / 42000 = 2.8% Cash on cash

Based on what I am seeing Ft Myers and Lehigh and not doing well.Cashflow has always been tough in most areas of FL, SWFL is no exception.

I'm a local, CT based investor, flipper, and property management company owner.  

Step up in basis to reduce your heirs' taxes and morePlus the real estate tax "deferral" can end up being permanent if played correctly