The house is 3,700 sq ft and currently listed at $108/sq ft, which is well below the $135–$155/sq ft range for other homes in the neighborhood.

We have done all kinds of deals on our own ranging from buying, selling, flips, BRRRRs, and now are also invested in commercial properties along with our SFR portfolio.After retiring from the Navy last summer (2023) and working in a corporate office for 18 months, I have made the leap to working for REI Nation, the country's premier turnkey investment property company.

I purchased both STR houses in the low-600s range.

Also, most of the new built are in the suburbs where there are vast amounts of land and probably they will keep developing around for many years to come.

Approached the seller asking they pay all closing costs, received enough credits to buy down the interest rate back into the 5-range (current rates were in the 7-range).

So our PITI on the home is $4,020/mo.Keep as rental- Market comps suggest a wide rental range - $3,800-$5,000+.

The main issue I've come across is that everything in this price range would be cash flow negative.

Approached the seller asking they pay all closing costs, received enough credits to buy down the interest rate back into the 5-range (current rates were in the 7-range).

The rental market in the mid to higher price range is a bit lacking so having a rental in that range should go quickly.

I don’t know which areas are good but you are trying for a 300k house after repair which you can purchase in the 200k range.