If I buy house for investment i run the numbers and everything look good but and its a big but... the house on flood zone from 1-10 he at 9 now let me make it clear its not a lake or something close to it city close to downtown chiago not lake around it very metropolitan area.. but flood zone 9 so i know its can be a big factor when i want to riff after i finish my renove there and want to take my money back 75% i know also the insurance van be factor with the price i can pay every month.. so if some have idea or experience with this subject the house located  oak park Illinois.. 

Investment Info:

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

Purchase price: $270,000

Cash invested: $100,000

The property itself is a 1950s duplex that underwent significant renovatio...

So I just felt that even without comps I kind of knew under 400k downtown Easton, I can easily sell, as opposed to like dc or suburban Md where there are a million comps and tons of info these rural market’s with lack of comps and info you can kind of set your own market if you understand the area. 

Maybe 20-25 minutes from Downtown Myrtle Beach.

This may surprise you, but we see rents in Milwaukee as high as 4k to 8k - like the new Ascent building downtown or the Spur16.

Although it was in good condition, we earmarked some funds for further improvements, including repaving the driveway, installing a new privacy fence, and making select upgrades and repairs inside the units.One of the standout features of this property is its prime location near the vibrant downtown area of Bryan, with easy access to restaurants and shopping, which added considerable value to our investment thesis.Initially, our plan was to utilize the duplex for Airbnb rentals.

Considerations we've heard/read about are: distance to primary residence, location of the property in comparison to the primary residence (ie, if we live by the beach and we buy a property by the beach, it's likely not our vacation or second home, whereas living inland and buying in downtown or by the beach could be a more likely second or vacation home), and minimum timeframes for owner occupancy (like 14 nights if we eventually choose to do STRs there).We live inland and if this does allow us to buy at a higher price point, we're open to looking in more tourist-y areas of the city.

It is a 3/1 within walking distance to downtown.

I have a good arbitrage opportunity in close to downtown and wondering if I should take it on or partner up with someone.

While I don't have the experience yet to directly answer your question, we chose to have ours between the airport and downtown.