This is generally a low cash flow market due to the low risk being so close to the nation's capital, however strategic buyers that enter sub-markets of D.C. that is set for massive growth will be able to take advantage of future rent growth to evolve into a heavy cash flowing property over time, as well as home price appreciation as the area continues its trend of high buyer demand.If you'd like more information on any of these submarkets within Alexandria or would like to learn more about investing in the D.C.

All the City, State and Federal Tax and Down Payment advantages are with First Time Home Buyers.

Saw it in 2020 and its happening all over again for different reasonsI have invested in the areas myself and plan more in 2025 to take advantage of the huge tax benifits to come.

On the house hack, you can divide common expenses by square footage or bedrooms, whichever is more advantageous. 

I acknowledge I made numerous mistakes, but I do think I have a lot working to my advantage here.

@Maria Jeanette Using a self-directed IRA (SDIRA) for real estate investment offers control over asset selection and tax advantages, such as tax-deferred growth (Traditional IRA) or tax-free growth (Roth IRA).

However, understanding their requirements—such as down payment percentages, reserve requirements, and loan-to-value ratios—is key to getting approved.One of the biggest advantages of working with portfolio lenders is their ability to fund deals that traditional banks might pass on.

Wondering if the vacancy rate is higher in the area as it seems more advantageous to just buy a house and pay mortgages rather than renting.

Sounds like you have a great advantage with your background and time living locally.

Given your location in Los Angeles, Vegas's proximity is indeed an advantage, making it easier to oversee your investment without the need for a local property manager initially.Research local ordinances around short-term rentals and evaluate HOA restrictions before making a decision.