They are all in stable neighborhoods composed of primary owner/occupiers in markets with strong 30 year population + job growth forecasts.Sources of risk come from a variety of sources, starting with (1) the market, (2) the property and location, (3) price you pay, (4) management strategy, (5) rental rate you set, (6) rehab budget, (7) service provided to your tenants and how strict you are with them, (8) your ability to attract and retain high quality brokers, leasing agents, inspectors, handyman/contractors/agents, etc, etc., (9) level of investment experience you have, (10) familiarity of the market, etc.As an investor, one of my primary responsibilities is risk management... my ability to fully understand all of the risks that I am taking and put processes/structures in place to minimize or control these risks.And if you are a successful risk manager, i have found that in REI you are able to mitigate the downside and generate returns that ARE NOT commensurate with the risks you are taking and do so by providing a triple win to your investors, your tenants, and yourself!

Home price increases are sharpest in these markets, while dwindling housing inventory in the lower price classes could be discouraging people from buying.”Here are the basic stats on single-family home sales for February 2018 for the City of Austin and the greater Austin area:About the local economy, Mark Sprague, state director of information capital for Independence Title, said, "While wages and jobs in the Austin area haven’t increased, the local economy remains strong and continues to attract new residents and potential homebuyers.

I have had my eye on a mobile home park here in Maine.

I would have a lawyer draw up your actual note & pg but that should only help you attract more family + friends to lend to you.

Mainly just looking to see if somebody else has bought a fixer upper and done the work themselves and if there was any profit selling it after living in it a couple years (to avoid capital gains) Thanks!

Single dwelling with smaller floor plans are 650-700K in 2016Property under contract 620KCity of OrangeDirectly across local university Zoned: R16000 sq ft3bd/1ba - 1500 sq ft main dwelling$2700 rent for main dwellingmain dwelling needs 50k of rehab on its ownallowed up to a 640 sqft accessory unit with an attached garage that does not count against 640 sq ft.public access way available to accessory unit garage$1800 potential rent for accessory unitHave at it BP. 

I think the main issue you are going to find is that there is limited inventory there, just like everywhere else.

This will make your terms offer more attractive and every once in awhile you will get the cash offer accepted.

I am mainly interested in wholesaling and renting both single and multifamily properties.

And finally, after considering the area of the condo my friend owns, I realized that it may attract undesirable tenants.