Jonathan will be speaking at BPCON on a panel: How to Flip Properties: The Right Team, Right Price, and Right Operation with High Interest Rates or Out of State if you have any interest seeing him live in action! 

Particularly in the inland empire/surrounding cities of the high desert. 

Welcome to BP Carter, Dayton is a great market for high cash-flow returns.

Literally.At the market/economic level, this policy is highly problematic in 2 major ways, both of which are inflationary.

You may find that accessing sewer comes with a high one-time tap fee plus a fee for each unit that will be served, the same for water.

Investing in Out-of-State Properties: Given the high property prices in Manhattan, I'm also exploring opportunities in other states. 

They will be fine for a rentals, but for a "high end retail flip" you're off by a lot.

Someone with one newer aged rental, who has a rather high income, such as a surgeon who lives alone comfortably with a lot of disposable income, could possibly carry less than a Mr and Mrs just starting out, with one rental that they bought as a turnkey in a more downtrodden neighborhood in a different state.

Ultimately, I thought perhaps folks may have worked with a specific attorney that specializes in this sort of scenario, much like many of us share referrals for professionals that support the highly specialized needs of investors.

Your numbers and your realtor's numbers are obviously more hopeful than realistic based on the evidence.You are either buying in too high or spending too much on reno.