Then maybe 1500/month holding costs. 

we ran into this in FLA  a few years back when I had 4 starts and I exited that market.. permits  sub base all pretty tough for someone who is not there and already knows the systems hands down and has a devoted loyal sub base.. thats the key in my mind.

Investment Info:Single-family residence buy & hold investment.

I’m a prior realtor, with wholesaler experience and have done some buy and holds in residential properties.

More people are choosing to rent as home prices rise, which means investors holding rentals are in a good position to capitalize on steady demand.One of the biggest shifts we’re seeing is the increase in inventory.

I’ve been in the real estate business for almost three years now and have completed five deals: one buy-and-hold long-term rental, one short-term rental, and three fix-and-flip projects, for which I helped raise capital.

Co-living, on the other hand, mitigates this risk by creating multiple income streams.

That will give me a gross profit of 20% minus holding and commissions.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Investing close to home allows you to gain hands-on experience, learn the ropes, and be more involved in the day-to-day.