Hi @Cindy Chan,I work very closely with @Ryan Hall, his work and communication is phenomenal.

At a 7% annual return, this could grow to $908K after 10 years, providing immediate liquidity and diversification.Alternatively, holding the property could yield $825K net equity after taxes in 10 years, assuming a $900K sale, with the potential to defer taxes via a 1031 exchange if reinvested into another property.

Knoxville isn't a luxury market. widen the gap and do new construction. find infill plots of land in better locations and have more control. work closely with a builder who Is working with investors. we have flippers who did hundreds of flips then they graduate to new builds and say it's much easier. if you have the balance sheet you'll be fine. budget 20%. new construction commands a 20% premium and is much easier to duplicate Over and over and much less risk. 

I was considering staying close to home.

You can then measure the cash flow impact versus the potential cash you would obtain upon a sale.

Purchase price: $185,000 Cash invested: $5,000 Sale price: $220,000 Occupied by my in-laws.

I closed a deal from a BP lead this year and paid for the whole trip.  

Quote from @Katie Camargo: Recently closed on an older property that needs some updating.

I’m a new wholesaler I just wanted to know if anybody knows any title company that knows how to close on wholesale deals in nyc

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.