Doing market analysis or airDNA or other things will only tell you what the market is like TODAY. the number of Airbnb type properties continues to grow rapidly, and many places are becoming saturated.

@Dean Schwertfeger,We are using Dave Cooper @ Paper City Savings in Wisconsin Rapids.

Hello everyone, I’ve been analyzing small 2-4 unit properties on the MLS for a couple of months in Grand Rapids.

I am a owner of 4 rental properties in West Michigan and am going to offer on a multi-family home in Heritage Hill Historic District, in Grand Rapids, MI.  

Like TDR, there has been an evolution in approaches to this compensation and the strategy that has finally become the standard for this scenario is "mitigation banks."

You could buy a dated house in an area you believe will be appreciating rapidly.

Even 10+ years later, I enjoy reading back over it, reliving the sweaty palm wins, the heart sinking losses and more importantly, seeing the evolution of my mentality and how I dealt with the highs and lows of risk, wins and losses.With that said, I've set a challenge for myself to make $200k in equity over a six month period, June-Dec 2018, investing in a market that I know well but am not physically located in.Details are below - enjoy.Goals1) Buy (5) single family properties in 2018 and get them refinanced into long term mortgages2) Purchase under market and achieve a minimum of $40k in equity per property after all repairs are completed3) Cashflow $250-400/mo after expenses & debt service per propertyFunding1) A single line of credit established on an existing single family property2) Private money from existing private money lenders that I've worked with over the years 3) New lines of credit that I'm currently in the process of setting up on existing properties - probably will not be established until late AugustBackgroundI work in oil & gas and I’m currently on assignment in Mexico and will be here for another 10 months.

San Antonio is about 10 years behind cities like Austin, Dallas, Houston, so they are just now at the beginning of what I predict will be rapid growth, development, revitalization, $$$$ to be gained.

It's a risk vs. reward balance for them, I'd guess.It'll be very interesting to see how the sponsor and deal quality shakes out in this rapidly growing space.  

Yep, Meridian and Kuna are both growing rapidly...and at some point they will converge.