General Market Insights:What trends are you noticing in your local markets?

The problem I see is the masses have not understood the advantage of purchasing a duplex.As far a Lennar is considered an entry level builder, I don't see that their neighborhoods in general have very good price appreciation, unless they are in a unique area where the location is exceptional.I think that prices are falling, and that you should be able to find a deal, the I-35 Corridor from  San Antonio to Austin is a very hot area.Here is an example of a property that was listed for $342,000, and the list price is down to $300,000, with a price drop of $20,000 on 7/29. 1261 Stone Rim Loop, Buda, Texas 78610, If you need any comps or info, just let me know, I'm a licensed Broker in Texas, and I have MLS access across the state.Also, I'm not sure if you know, but you can split your 1031 exchange and purchase multiple properties instead of just 1 property. 

The catch is, her job dictates where we land, so I'm unsure of the exact market yet.That being said, I have two main goals:Get started with my first few deals: Ideally, I'd like to invest locally (whichever US city we end up in).

Typically, these lenders have higher rates than your local banks and will want 20-30% as a downpayment.

I current get $1,000/month for the single and based off local market expect to get $1,500/month for the other part of duplex (mortgage is $2,080/month after putting 20% down).

For a commercial broker, take a look at who has a majority of commercial listings on LoopNet/Crexi in the desired area...OR for the property type you're exploring definitely check in with a local CU or your current banker for both a RE recommendation and lending options.

One of the key lessons learned was the importance of thorough due diligence, particularly in understanding the local market and the specific needs of potential tenants.

Go to BUILD YOUR TEAM at the top of your screen, and you can search for other MEMBERS or LOCAL MEETUPS.

However, I use a local used appliance store and can have another appliance swapped in for the broken one within 1-3 days for $300.

@Miguelli Fernandezare you local to the market you're looking to buy in?