I recently closed this week on a fully occupied 3-Unit in WNY.

Three weeks after she moved in baby #3 was born (I had no idea she was pregnant).

I want to follow the BRRRR strategy  and self manage while I am here and work to set in place good management before returning to CO.Like I said I just got out here a week ago and am just starting to network and learn the area.

I suspect that we will all be waiting a lifetime to see rates back to were they were 2 to 4 years ago.. so I would not bank on that.. as for pricing.. if its a place to live then you certainly can just wait and see.. its not like your homeless or need to move other than you don't care for your neighbors.. markets always slow about now.. what will be telling in my mind is were we are at next Feb March April in the buying season as it were.I was in a conference this week here in Vegas and some of the speculation is that many of the commercial type loans that had 5 , 7 and 10 year calls  are going to stress those that had max leverage.. as the rates rise the cap rates rise to keep pace thereby devaluing the properties.. to the point some of these investors are going to need to bring some to significant amount of fresh capital to pay down their debt to get a refi.. and that will stress those assets and there could be a real buying opp in that sector.. at least that's what I gleaned from the talk I listened to yesterday... hope you find that dream home in the country !!!

A tenant unexpectedly left a week before closing.

We put an offer on a home last week and it got accepted.

I have never found it to be very accurate but for fun I just looked up my house because we just had it appraised last week when we opened a HELOC and I was surprised at how close it was, Zillow has it just $27,000 under our appraisal, 6% off!

Hi Account Closed, I have heard this saying where "a deal of a lifetime comes once a week."

I have two options in front of me either to obtain a rehab loan, which will cost me $10k for six months ( points, fees, interest) or just finance the entire deal with my own money (cash).The rehab loan will enable me to obtain an additional property, so in six months i'll have two properties ( one with the loan, another with my cash)  but it'll cost me an extra $10k (on top of the regular down-payment which in any case i'll have to lay out) .

You should have qualified tenants applying within a week or two