The Highway 64 property presented a great opportunity due to its low acquisition cost and potential for substantial value increase.

Owner occupied loans have allowed us to purchase properties in markets with heavy appreciation, and potential for huge rent increases.

Be diligent in your application process and verification. 

Germantown has better cash flow potential but may require more hands-on management.

I focus solely on Detroit proper because, in my experience, the rent-to-price ratios, opportunities for value-add projects, and overall market potential are much stronger there.That said, Detroit is a nuanced market.

In some cases, after running the numbers, I’ve even faced potential negative returns, causing me to miss out on promising deals here in South Florida.That brings me to my question: I currently own two homes—one is my primary residence, and the other is a rental property.

But it's rapid price growth and sales activity could indicate a more volatile market, with the potential for corrections if demand slows as affordability becomes an issue.

Here you would have to put it in the MLS if your are with NAR, but it wouldn't syndicate out to all of the public sights, and you can send it to any potential buyer that you may know.

Starting your real estate journey with a house hack in Austin is a smart move, especially with its strong rental demand and appreciation potential.

That said, weigh the cost of renovations against the potential increase in appraisal.