Google search the city , populatIon, employers affordable housIng projects 2.

Kathryn -  obtaining a loan through a lender  will normally require  2 years of  history of  consistent  positive income …...so if the plan is to use this  method of  financing  - keeping  the job is beneficial …..if you plan to use the more creative methods of  financing deals - then this issue isn't quite as important  the other lender issue to be aware of is that many lenders  have a limit on the  #s of properties  with financing an applicant  has in their name …...some cap at  7  ...some cap at  10 ...some may not any cap

(I'm not an employing broker, though.)

He has some creative methods.

Commercial properties are valued using Cap Rate and income methods.  

A lot of the research I've done shows that it has a declining population and not much job growth happening, with many large employers laying off a lot of people.

The BRRR method that BP promotes is a great one, and is almost the only way to make a grade A neighborhood home cashflow.

So, the confusion for me comes from focusing on the cash accounting method, whereby the costs are really after the property service date.Thanks!!!

We are also going to relocate there, but we’re self employed so we don’t know what our steps should be..

You can definitely do better than 1% if you add value to a distressed property and force some appreciation and drive up the rental income with the BRRRR method.