Long story short, it is easier to cashflow in this market. 

Especially around that campus there was a lot of homes that needed love and would be great to hold as a long term rental.

Although, it is a great time to buy because houses are still discounted but wont remain that way for long, it is getting more difficult to rent houses.

Friends of ours moved out of their long term residence, a high end condo in Aventura, FL. 

The other lesson I learned is that the right fit for me in this investing process is to long term hold the properties I purchase, rather than flip them, unless market conditions are so good that flipping makes sense.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I'm relying on appreciation of the house to make up for it in the long-term.

We are looking to grow our flipping business this year as well get into holding properties as our long term wealth strategy.

I was wondering if buying a long term rental property with tenants already in place in a market that is up 20% yoy is a good investement or not. the rough numbers ive been running seem to have a decent cap rate but the house is about 15k more than the zipcode average. 

@Rajesh Sharma most agents we know are NOT very organized.So, wouldn't trust them as a statutory agent because if they take too long or forget to forward you something, it could be expensive.In addition to a PMC, you can also have an attorney or CPA act as one.

Plan for the Future: Make sure the home can accommodate your long-term plans.6.