Zip Code: 0883            i feel it appreciated very well and i don't think it will go any more in next few yearsNeed Advice  -  rent this property  or sell it ?            

Those couple hours of research will save you hundreds of hours of time down the line, so it's well worth the effort.

Are you doing GC work in Birmingham as well? 

@Hector Lewis - The decision ultimately depends on your current cash reserves relative to your financial needs, as well as your willingness to reinvest for potential appreciation.

That probably doesn't work well for rents, and the neighborhood will look beat up in 10 years, when almost every house got sold to investors.  

Well done, Brian!  

Over-budgeting is critical to ensure that renovations don’t eat into your profits.Market Fluctuations: If property values in your area do not appreciate as expected, or if you face a market downturn, the amount you can refinance for may be lower than anticipated.Financing Challenges: Securing financing for the initial purchase and rehab, as well as refinancing after the property is rehabbed, may be challenging, particularly if the property is located in an area with fluctuating values or if the rehab work doesn’t immediately improve the property’s appraised value.Tenant Risk: Rent collection and tenant management can be unpredictable.

I just started getting deeper into BRRR and think at some point I could see myself diversifying into that as well.

I live in the Research Traingle areas and has been aggressively investing in real estate here as well as helping my investor clients invest in the region.

Didn't get into rentals on pupose but it's working out well and I want to continue to learn and develop my portfoilo.