His home has already been rebuilt, but due to the rapid price increase of materials and labor during the pandemic and an upper limit on the amount his insurance would cover, he now owes about 250k to the builder and needs to get it paid off ASAP.

(Understanding some of the data may be flawed and understanding the data can change rapidly.)3.

Cash flow is great and if you are confident in the Markets steady or rapid growth factors, you're safe.

If they move out, you can then reevaluate the market, perform repairs, and achieve full market rent right away.I would rather keep good tenants, and raise rents incrementally than jack the rents every few years.

I am 24 years old living in the Grand Rapids MI.

As I said in my first post, if you pick an area that sees rapid loss of population or employment, you could get hurt.

Find a mentor who makes a living selling real estate right now.This business is rapidly changing.

We just broke out of a year or so slump and got two deals in rapid succession.

I know there are some here in Sioux Falls and Rapid City has been having success in areas. 

Personally, I believe that there is alot of motivated money here (as in other major coastal cities) and unless the rise happens rapidly there is alot of time to prepare/engineer/execute.