While the $600 per month insurance bill is hefty, I remind myself that being closer to the ocean would have meant even higher costs.One of the key lessons I've learned is the importance of timing.

Explore Local Market Trends: Is Bend’s market likely to continue appreciating, or is it plateauing?

Whether you start with a local deal or try investing out of state, the key is to do your research and take action.Best of luck, Julio

Heightened regulation is going to be a nationwide trend over the next few years.  

Based on my limited knowledge of real estate investing, one key is to buy distressed properties, fix them up and either rent or sell.  

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

This is the Key do YOU think it has value that's all that matters.. 

Hi @Cosmo DePintoHave you considered a fully turn-key option? 

Plus, multifamily properties often qualify for owner-occupied financing options with lower interest rates and down payments.As for timing, here are a few things to consider:Market Conditions: Keep an eye on local market trends.

I currently use Gold Key Property Management in Anderson IN, and have been very happy with there services.