This steady performance underscores the lasting appeal of Palm Beach as a prime destination.The median sale price has climbed to $644,500, reflecting a strong 7.42% increase from July 2023.

If I were in your shoes, I would start with a more basic project.

If you want to wholesale start local.

If I could get 5% to 10% COC at high LTV with my underwriting in a market I considered likely to have strong appreciation, I would consider acquisition if it was rent ready.  

Im an investor and agent in Phoenix metro who got started investing out of state in my early 20's, lets connect!

New Hampshire would be much easier to start with as a it is very drivable and they have winter and summer travel seasons.

Hi all I am new to Bigger Pockets, although I have been a landlord since 2013 I am starting to treat this as a business instead of a side hustle.

Finding the true appreciation rate for specific towns can be a bit tricky, but you can start by looking at historical sales data, talking to local realtors, or even checking out some online tools that track market trends.If the condos you’re eyeing aren’t meeting the 2% rule, it might be worth reconsidering or at least getting a more detailed breakdown of potential long-term appreciation and other benefits, like tax advantages or rental demand growth in the area.

I started last year and just closed on my second multi, just 2 weeks ago. 

Buyer starting mortgage balance is $90k (assuming 10% down)Example 2, the New rules way:Buyer offers $97k, pays their agent $3k, seller pays their agent 3%, seller nets $94k.