Dear Noah,I had a quick question regarding the current housing market. 

Thanks Matt Hey Matt, Pensacola receives a lot of visitors between the beaches, hospitals, navy base, downtown and colleges so it can be a great market for STR(including AirBnB) investing. 

Are there profitable group home niches that an operator would be willing to pay above market rent for this kind of property?

I'm living and doing my research for the past 7 months for the Madrid market (and the area around it) - will be great do discuss with some members here and share our experience, toughs, etc.It will also be great to discuss the current market situation and share the news - do you think it is still a good time to get into the market?

I am interested in some markets outside of mine.

I would not to take on unlimited risk of a capital call from a management company I cannot change.What is the resale market like? 

It's a great market and I'm sure you'll do well there.  

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.

If you are investing consistently, you will know what your market charges for the work needed. 

The biggest risks with fix and flip loans include market changes, cost overruns, and delays.