Secondary markets like Greensboro, Winston, and Fayetteville will likely still be under the 1% rule, but our property taxes are lower than most northern states so the CoC (which is what you should be as/more concerned about) return will be favorable.

With rates in constant flux, you might have opportunities to lock in lower ones.

Most people who are affected by rent tend to be on lower socioeconomic rungs anyway and thus have less political heft to swing around.

In my opinion, Dallas represents more upside with lower risk, and is less expensive than Houston.

Findlay is a real oppotunity beause you’ve got a combination of stable job sources, a decent population size, and often lower acquisition costs compared to bigger metros.About choosing an agent..

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.

Lower Repair CostsHiring licensed contractors for minor fixes can be costly.

Our median price home is much lower than Austin.

of those I like next door best because it is hard to fake and the reviews are easily tied to a reviewer in your community.The costs of ADUs vary significantly for various reasons including by ground up vs conversion, difficulty with lot (sloes, access, etc), finishes, and even the size (bigger typically have lower PSF).Good luck

I went to every one of the 65 hearings myself and got 61 properties lower and 4 remaining the same.