Depending on the salaries of the new jobs they may also price out the local residents on new home sales which would further drive up the price.

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

This completely depends on what you are looking for.

When the time changes we sometimes move that call to Friday evening, so depending on when time change is this year, we may be able to make the November investors meeting.Thanks again for reaching out - I'm so happy to find someone in Maui to connect with regarding investment opportunities.Aloha,Barb

@Dave Bobka @Justin Arnold So, if an investor is looking for a larger, family style home for a Section 8 tenant that is dependent upon public transit, this would be a great property, wouldn't it?

Typical equity build up time is 5 years, depending on your market.But can you purchase another rental using your own capital?

The refinance step is where you pull out this equity, typically in the form of a cash-out refinance.Here’s how it works:You refinance the property at its new appraised value (after rehab and renting).You take out a new loan based on that increased value, ideally for the full amount or more than what you originally paid for the property.The goal is to pull out enough money to cover the cost of the original purchase and rehab (or even more, depending on the property’s appreciation).This allows you to recover your initial investment, which can then be used to buy your next property.5.

If I do move in the next few years because of the military, I will decide if I want to sell for the appreciation depending on the market. 

Look for shops that test and offer guarantees.For valued tenants or premium units: New appliances might be worth the investment for their reliability and long-term durability.Ultimately, your decision depends on your goals.

Am I correct that a condo, depending on area and neighborhood, could be a lower risk/maintenance investment for an absentee landlord as opposed to other properties?