Especially in a "hot market."

I live south of Boston but my particular area is a little too hot for me right now so I've been looking at other areas.

I checked under the trailer this past summer, the furnace works, has w/d hoop ups, hot water heater installed a couple years ago and has a solid roof.

Doing some rehab is generally one of the more common ways to do so.One other item to add, when analyzing a property in a hot market, looking at cash flow and cash-on-cash return alone doesn't give you a good picture.

I would suggest his agent call the BRE hot line and discuss it with them..

So the expense bit, becomes a moot point pretty quickly.And David, I wasn't talk about proximity of an ocean, not to mention one that you can only access 2 months out of the year, and those 2 months it happens to be insanely hot outside ;)As humans, if we are in the same place for a long time we will justify in our heads and bring up the place to be better than it probably is.

The second example, I almost always replace hot water heaters when I buy a new place.

Welcome @Colt SavageThere are certainly deals to be had, even in our hot market.Just keep at it... the right property will find you :)

Everyone tries to pick neighborhoods in the cities, but honestly the burbs are hot!

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