If they are interested in arbitrage they will work with a well-funded company like Sonder or Avant Stay or Marriott Apartment and can sign 50-100 + leases at a time.

In addition to the job growth in the area, I am hoping that Tesla's move (and Elon Musk's notoriety) might signal that the hippest crowd of Silicon Valley should come to Reno as well.  

However, if you are all in 150k, and sell for 200k, well, not so bad.

I've actually been looking at Lone Stars as well. 

Thanks for sharing your perspective—it’s definitely insightful, and I understand where you’re coming from.While I get that partnering with one exclusive buyer might limit your potential profit on individual deals, couldn’t there be value in the consistency and reliability of working with a cash buyer who provides specific leads/addresses and is always ready to close on those deals?

Even if you have plenty of land for ADU's and septic, if the best location for septic on your property is adjacent to the neighbors, and they have a well there already, you wouldn't be able to build there.

If you buy a property with 20% down, and the investment appreciates 5% a year and cash flows $200/Mo, in 4 years you'll have made over double the cash you invested.If you're looking OOS, prices in Columbus are still low enough to find 1% rule deals and there's a ton of appreciation happening in this market as well.

For your convenience, several self-addressed envelopes have been provided for your use. 

If you're looking for states that cash flow pretty well I would take a look at this link right here - https://www.rentalincomeadvisors.com/blog/best-rental-proper...

Hope you are doing well!