This is in Lexington KY which AI says have grown 5.1% YOY but the latest data I saw for this particular zip code is a year old and says it's the lowest in Lex with a median of $900/m so +5% only gets us to $945.

While I’ve never done a project like this before, it’s something I’d love to take on—or at least organize and bring in the right experts to see it through.I estimate it would require around a $2M investment to build 5 houses on the lot, with each home valued roughly at $600K.

The same holds true for larger organizations who still rely on financing their business just like us. 

We specialize in owning and operating (we are vertically integrated and manage our own properties) multifamily in markets that have good job growth and good population grown but are underserved and fly below the radar.After underwriting many deals in the North Carolina markets for almost 18 months we found an off-market deal that met our stringent underwriting criteria.

Rent growth for single-family homes has grown by 5x since June 2020.Have you heard of this company?

For example, Pittsburg during its Steel industry boom era and Detroit from it's peak auto industry era, properties would have grown value YoY mostly.

I do look at the population, rental laws, rental laws, and major businesses/organizations (hospitals, universities, big business, etc.)

@Shrikant Kakani- thanks ...if you  dont need to use financing - disreagrd the following tip ..if you will need to use a loan to acquire your 1st investment property - I would recommend getting the formal loan pre approval step completed ..this is free  and it will help answer many questions you have  and  help get you organized and  prepared .

I have been through the worst experience with this drywaller.I am not using a general contractor, I have been organizing the labor myself.

149 repaid loans - 81 active loans...well run organization that understands bridge notes