There is not the appreciation of the larger cities, acquisition costs are much lower, not difficult to find carpenters to do work, cash flow is over 1%, minimum regulations, and good tenants are available.

.## Strategies: Flipping, BRRRR, House Hacking- **Flipping:** Focus on properties that need renovation but have good potential for resale.

For larger accounts with PMS integrations VRBO is a passthrough and we are the merchant of record. 

Then again, curb appeal doesn't matter as much in the inner-city parts of my market - more so in the suburbs.Lastly, if a property is newly built/renovated, 'neutral' may not be the best route.

He is 69 and does not want to reinvest (1031 exchange), which leaves me having to make a much larger investment on my own to meet the 1031 requirements which is more than I’m willing to do at this time.

Many new flippers overestimate their renovation budgets.

You may have to renovate a property, building maintenance fee may go up, rent will come down and vacancies will rise as the old properties become undesirable with time.

@Jaycee Greene I think she said the purchase price was going to be around $380-385k plus an additional $50k for renovation.

This can give you flexibility for purchasing or even renovating the next property.

Even with the renovated units it does not appear that there are enough prospective tenants to make this worth your while.