After years of educating myself on real estate, I'm eager to finally jump in and do a small deal out of state.

Perhaps not a trend to consider across the city but any neighborhood that would attract college educated young professional families seems to be a good bet if you wanted to focus on this asset type.I plan to build 12 townhomes as a second phase of a condo/townhome project in a good area of Mount Airy near the Chestnut Hill boarder and even though I’m likely to years away from being ready to begin phase 2, my current plans are to keep the 12 homes as rentals for the precise reasons I outlined above.  

Come to think of it, about education.

I'm ready to start expanding my MTR portfolio and am currently in the "educate myself" phase.  

Educate Yourself:Even though you're already making moves, there's always more to learn.

If its important for you educate everyone on forum etiquette, have at it sir. 

We have an incredibly high customer satisfaction score from investors stating that the agents are providing education and great details about their market all while helping them to close deals faster.

@William Coet it’s a different business model altogether.I love highly desirable areas that attract highly skilled high income college educated workforces.They tend to be more liberal and therefore the landlord tenant laws.The percent of their income that goes to rent is typically much less than 20% so a rental increase of 5-10% is nothing to them.They are typically lower cap rate areas and therefore every dollar of net operating income that is earned is explosive to the underlying asset value.

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.