Focus on undervalued properties, prioritize high-ROI renovations, and refinance to pull equity for future deals while maintaining 20-25% equity.

Audrey - Dave might disagree or add more context, but I think that predicting 5-year rent growth is a bit like forecasting the stock market 5 years from now. 

.: Hi all,I have to move back to Los Angeles in the near future and I’m interested in purchasing something I can add value to and exit within a few years.

I've consistently written about the forces of nature and her current and future effects on the real estate market (even while often being ridiculed and politicized on this very site for it) regardless: I personally moved and invested in coastal Oregon in 2018 from Venice Beach Los Angeles partly as a result of the trajectory of climate and have assisted several clients that specifically purchased on the Oregon Coast for their own 'climate havens,' investment and future retirement homes. 

I'm trying to start off with something closer to Houston as my first property, but will keep College station in mind for the future. 

Lates on a mortgage trade can impact your ability to get loans in the future. 

Will you need the equity in your primary home for any future personal expenses?

I use Eric Kloth out of Redding and he is stuck with us for this and our future home buying needs. 

With the current market conditions, I can definitely see more of these type properties becoming available in the future.

Your future is bright, best of luck!