If you’re really set on building a portfolio, this might be a good way to go since it’ll give you the liquidity to take on more properties.BRRRR: If you’re leaning towards long-term rental income and portfolio growth, the BRRRR method could be an attractive option, but you’re right to consider the numbers carefully.

In my opinion, you can make as much money buying cheap houses as you can buying expensive homes.Affordability is an issue for a lot of Americans so I will argue cheaper cities performed better over the past 10 years than more expensive markets / houses.San Francisco, CA, Seattle, WA and New York, NY are considered expensive markets.If I look at Zillow's price estimate for homes comparing 2016 and 2024San Francisco - Average Price of home was $1,145,000 and now its 1,262,000(Increase of 10%)Seattle - Average Price of home was $561,000 and now its $848,000(51%)New York - Average price was $561,000 and now its $766,000(37%)Memphis, TN, Indianapolis, IN and Clevlenad, OH are considered cheaper markets.Zillow is showing more appreciation in these markets over the same time periodMemphis - Average price was $73,000 and now its $149,000(104%)Indianapolis - Average price was $107,000 and now its $225,000(110%)Cleveland - Average price was $54,000 and now its $109,000(101%)Population increases and job growth are two indicators that result in appreciation.Two of the cheaper markets listed above(Memphis and Cleveland) are not increasing in population.

Focus on growth areas, understand local regulations, and use your rental history to build credibility with brokers and sellers.Good luck!

Also, the ability to export reports for partners or lenders would be a plus.Essential Data/Analytics: Reliable rent estimates, cap rates, cash-on-cash return, operating expenses (especially maintenance and CapEx), and local market trends like population growth or job market health are key for decision-making

Engage respectfully, acknowledge challenges, and collaborate with community members to find equitable solutions, presenting landlords as partners in neighborhood growth rather than adversaries.

There are two types of appreciation to consider:1.Market Appreciation: Rising property values driven by external factors like economic growth, demand, or market conditions.

Here are some key considerations:The Tenant Stability MSO Growth: The MSO is expanding westward and has acquired multiple businesses, which suggests growth.

Here’s why it might be the right fit for you:Accelerating Your Growth: BRRRR is all about using your capital efficiently to keep growing.

.- NOI Growth: From $603K to a run-rate of ~$1M within the first 12 months, marking a 73% improvement.

And the Census officially announced Detroit's population ticked slightly higher in 2023 for the first time in nearly 70 years.We're still early innings for Detroit's growth and appreciation.