We are getting an Apple HQ over the next few years so you'll see continued job and wage growth.I also work with a handful of out-state-investors in both the Raleigh/Durham and Greensboro markets on purchasing rental properties with great success to take advantage of the aforementioned appreciation, great ROI on rental rates, and continued rent growth with the limited housing inventory and incredible demand.You can't go wrong buying in this market especially with the amount of capital you have and what I can only assume to be a strong DTI based on your original post.

I know that today's market is hot, and there are is a lot of competition between buyers, but I think this trend of waiving inspection contingencies for first time homebuyers, or primary residence buyers really puts people in tough spots.

DFW is hot and I still see it climbing even more... a majority of my clients are purchasing with the assumption that cash flow is minimal and appreciation will continue to happen.

Hi @Melanie Dupuis, as far as I know, Tulum is a hot spot right now to invest.

You might not get far and you'll more than likely lose the contract given how hot the market where you're at may or may not be.What's the issue though that's causing you to want to renegotiate?

So a great house with a hot tub, with a crappy host will not be shown to clients or booked as much (remember AirBnB favors good ratings- it is an echo chamber). 

Clean dryer vent lineFlush Hot water tanksTest smoke & CO detectorsHope that helps!

And if the loan is in a state where a servicing licence is required, and you don't have one, could end up in hot water if the borrower files a complaint with either of the the above and/or the attorney general. 

It's easier said than done of course, especially in a hot market, but you'll make it happen. 

Purchase price: $8,500 Cash invested: $4,500 Sale price: $45,000 Bought to fix and flip, put a new roof on and market was so hot I flipped it quick.