Eventually the borrower signed the cancellation and new mortgage, with a big reduction in his loan balance, and we got through it.

I have mostly B, C+ units which is based solely on the fact that there are NO new units in my market. 98% of the housing units available in my market are 40+ years old.

g=173096))Housing supply shortage: # new jobs per permit issued >1.5 (based on https://www.nar.realtor/research-and-statistics/housing-statistics/housing-shortage-tracker)Rent affordability <.33 (based on https://www.zillow.com/research/housing-supply-32743)Housing affordability <.40 (based on https://www.zillow.com/research/housing-supply-32743/)Based on these criteria I got 3 cities: Raleigh, NCCharleston, SCSan Antonio, TXI would love to know your thoughts on this methodology.

I sent a friendly message to her saying that I am the new owner and reach out if she needs anything.

We are actively looking for good new value add opportunities.

I haven't found much helpful information in my search so far.I've purchased and rebuilt three homes in the past, but I've never done a new build from the ground up.

I have found another property of interest and I am considering selling the replacement property from this previous 1031 and using it to 1031 into this new property.

Rehabbing units, removing problematic tenants, new infrastructure.

However, you might want to consider diversifying by looking at markets outside of New York that have strong growth potential but are still affordable—places like Indianapolis come to mind, where I’m currently focusing on new build duplexes with strong rental returns.Suburban vs.

I'm using this potential opportunity as a reason to buy some new tech gear!