I personally never would, but I would talk to people that have that can give you an idea of what it's actually like instead of getting opinions from everyone who never have and say it's the worst.Jacksonville, FL has been great from 2010-2022, but there has been a huge surge in building residential from 2020-2023, which severely impacted the supply and demand balance and rents have flattened or dropped from 2022-today.

When rates drop I anticipate demand to increase and inventory will probably stay about the same, so prices will rise.

Prices here are more stable than they have been in Calgary and Edmonton (we haven't seen the large appreciation, but we also didn't see the price drop that they did a while back). 

Values drop, sometimes drastically, rents go down as quality of tenant declines; cost of operstimg properties increase, and governmental interference, especially in the form of rent control, can slash values and profitability severely. 

Lakewood, OH area has been all the hype and it looks like the sales price is dropping the further East you venture towards W117th street.

Knocking out improvements over the holidays, and selling beginning of the year when interest rates drop and home prices increase due to demand.

Maybe that will change towards the end of the year if I start to see any deals but I believe the Fed will be forced to drop rates precipitously in the next 24 months or so and borrowing will again be advantageous. 

It became difficult, if not impossible, to repeat the process without severely damaging your profits.The Rise of BRR"R"RR 2.0In this new environment, I modified my BRRRR stategey to what I call BRR"R"RR—where the additional "R" stands for "Rate Drop."

The median home price has dropped by $80k in 8 months, days on market has gone up by 800% in 2 years.

There are already 3k properties in the market currently and the average occupancy has dropped almost 23% in the last 12 months.