This is just for curiosity sake.For future endeavors and also, recent trends in discussions with my own thoughts.I would not want anyone with lower than possibly a 620.

So you've got some tools and an eye for design, and you want to put your skills to the test in one of real estate's hottest trends: flipping houses.

Also, this part of the country in general (the northeast) isn't really where the growth has been or seems like it will be soon.I think the near term price trends are good so if you know the area and already own something here I'd say you would probably do well if you continue buying, but I'd also recommend keeping a close eye on the market, especially starting about 3 years from now (at years 3, 4 and 5).In particular pay attention to when prices seem high (sellers are still commanding higher prices) but days on market are increasing (they are taking longer to get those high prices) - it's like when the roller coaster starts to slow down at the top of the hill.We are shortening our time horizon for new acquisitions from planning 10 years out to thinking more like 5 at this point, just based on where things seem to be in the market cycle, and I suspect in ~3 years we'll be looking to sell under-performing assets.

Here are some stats that I will be sharing with our owner/investors:Average rental rate is $153120 Year trends- 1996 to 2016 Median price is up 3.99% in 20161996 interest rate average was 7.12% and 2016 Average Interest Rate is 3.67%Median price in 1996 was $115,000, median price in 2016 is $207,000Average days on market 1996 is 117 days, and average days on market for 2016 is 82Rents have been rising faster than house pricesMy husband and I pride ourselves on being Real Estate Advisors; finding good rentable neighborhoods, performing due diligence on rent rates, hoa fees, county codes etc...We are also certified property managers thru roofstock.com. these are off market homes that are already occupied, inspected and have financing available in a lot of markets around the USGive me a call when you come to town, would love to have coffee and talk about the market.

If a buyer didn’t have enough income in the year they bought the building, they could be able to carry the expense forward into future years as a net operating lossalthough I doubt this ever happens but this would sky rocket sales.. big earners would be looking for deals December would become the hottest month of the year.. and if there is no deprecation is there recapture?

If you look at Percent Funded, there is no magic Percent Funded level, so look at the long term trend to see whether the Percent Funded trend is upwards, which is good, or if the trend is downwards, which is a concern.

I think the trends in Atlanta favor urban locations.  

I know things about the seller the inspector does not, I know things about the other agent, I know about the buyers credit and approval criteria, I research the house sale trends, I know what they have seen and what they want/don't want.

I have a bias because I live and work here, but I think the trends are really positive for the City of Atlanta (and less so for the suburbs). 

The current trend is toward the urban core so start with downtown and do concentric circles from there.