Hi Bowman, it seems to me that your biggest disadvantage will come from the lack of knowledge about what is feasible in the market you are in, because I think that should largely affect what your acquisition strategy is.For example you may want to buy something that cashflows but if you are in a rapidly appreciating market like we are in right now in the Twin Cities, you will have a hard time finding something to get excited about and will need to target different asset types or adjust to find another way to get your money to work for you.In this market your advantages aren't particularly helpful as there is so much money chasing deals, that the ability to qualify for financing doesn't really set you apart.  

Detroit, Metro Detroit, Grand Rapids the U.P. etc...

And if that is true, in markets where rents and home price appreciation has diverged significantly (i.e. flat to down rents with rapidly rising home prices, or vice versa), can any conclusions be drawn about those markets that might help guide decisions to invest (or not) in those markets?

I am a recent engineering graduate who moved to Cedar Rapids, IA.

A couple of questions come to mind:4BR, 2BA Brick ranch property sits on more than 1/2 acre in growing city with strong economy and rapid home appreciation last 4 years, 1960s construction with original everything, lead paint included free of charge!

The idea is to use OPM for infinite return and to grow rapidly

Good evening BP Community,I am hoping someone has experience renting out properties south of Grand Rapids, Mi in Byron Center/Caledonia.

Coupled with rapid population growth, it’s driving an affordability crisis that leaves many residents looking for homes far from job centers and essential services."

The thing that has helped Nashville's real estate market so much has been the rapid growth in nearly every other sector that we have experienced here.

I have been successful in moving up the corporate ladder but my income seems to be topping out at a more rapid pace than my promotions.