Even if the city population grew by leaps and bounds (which is unlikely), it will take a good amount of time for new tenants to absorb those available SFH and MF units before major new development can occur that is financially feasible. 

County tax values are not relevant really a good indicator of market value.Though you do need to look into the current inventory, what development is happening in a neighborhood, and how many sales occur in that price range compared to # of houses in inventory to get an idea of where you can land compared to the comps. 

Hello Everyone,I'm a General Contractor who has developed a great reputation in my area for 11 years now and I started flipping homes about 2 years ago. 

Any interested developers?

I'm debating on whether to do one of the following options, 1) House hack: Potentially buy a 2-4 unit so I can live in one and rent out the other ones.2) House Flip: Find a fixer upper so I can restore and sell.3) Buy an invesment property out of stateMy short/long term goal is to be a real state investor/developer with various rental properties (Mainly for housing), therefore, I'm aware that the first deal must be chosen carefully.What does the BP community recommend? 

I am looking to make a career out of real estate as soon as possible as I have developed a passion for it now that I know the results it could help bring me and my family.

One of the best ways to go as described by John Jackson in Tarrant County (Ft.Worth in Texas) who teaches this method for about 15 years and has developed a good sales contract that gets you paid before the product sales and he usually quotes the list price to the owner in a fairly nice area.He usually calls houses For Sale By Owner in decent areas. 

I'm here to learn and to develop this understanding into something profitable and long-term. 

If the deal is negative CF and you don't have a prearranged deal with a developer I personally would walk.

A lot of times the economic development department will have the vacancies also check with property managers.