They have to source off market product to make money and that requires time and expense.....but ultimately is worth it, depending on how many deals they hope to do annually.

Got fed up with the property and listed it for sale under market value $180k. 

Additional info:- We will both live at the property and rent by the room - Loan would be in his name but has been working less than a year (100k+ salary)

Galveston is among several other TX markets on AirDNA's ranking of best vacation rental markets in the next five years.

The problem is their capital is tied up, so I've been asked if I would like to purchase the house and then lease it back to them.Here are some pros/cons that I can think of:Pros:-We haven't agreed to a rent amount, but it will be above market rate.  

Purchased a 3 fam in Jan 2024 built in 2016 in an appreciating expensive market across the Hudson River from Manhattan NY. 2 units were vacant on acquisition and completed rehab in July, 3rd unit tenant vacated in May and completed rehab this week.

Additional considerations include holding, closing, and assignment fees.

One of my first orders of business is to start learning how to do market research so...Question- what is the best way for a newcomer to learn to conduct Market Research?

@OSAMAH AL-BAGHDADIAnalyzing a market Sperling’s Best Placeshttp://www.bestplaces.net/School Diggerhttps://www.schooldigger.com/State & Localhttps://www.statelocalgov.net/GeoMetrxhttps://geometrx.com/Social Explorerhttps://www.socialexplorer.com/Justice Maphttps://justicemap.org/Safety/Crime StatisticsSpotcrimehttps://spotcrime.com/ Family Watch Doghttp://www.familywatchdog.us/Neighborhood Scouthttps://www.neighborhoodscout.com/City Protecthttps://cityprotect.com/ Crime Mappinghttps://www.crimemapping.com/

For the record, we are very comfortable with our local market in Pittsburgh PA so for the time being we will be sticking to loans in the region.Thoughts?