I tell everyone that the market is less important than the team you pick to run your operation.Buffalo is a great market if you are looking for a lower barrier to entry and higher cash on cash returns.I would advise you don't fall into the trap of chasing the cash on cash returns.  

Purchase price: $116,000 Cash invested: $19,500 Sale price: $198,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Heather, successfully completed a fix-and-flip on S Vernon Rd, Durand, MI 48429.

Purchase price: $252,000 Cash invested: $60,000 Sale price: $430,000 House hacked a fourplex with my partner Bruno.

Purchase price: $195,000 Cash invested: $30,000 Sale price: $297,400 Contributors: Peter Vekselman Partner Driven, in collaboration with Don and Peter, successfully completed a fix-and-flip on Rue Montaigne, Stone Mountain, GA 30083.

Did you buy these cash or with other debt?

Don't bank the deal on getting cash back in a refinance.3.

The farm will not cash flow and it will cost me $400 per month for the next several years. 

Purchase price: $225,000 Cash invested: $26,564 Sale price: $340,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Mark Cantieri, successfully completed a fix-and-flip on Shalom Dr, Spring Hill, FL 34606.

The key is to ensure it will cash flow once you leave a year later with all the units rented.

Purchase price: $52,000 Cash invested: $14,700 Sale price: $127,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Mike Vasbinder, successfully completed a fix-and-flip on Turner Dr, Blairsville, PA 15717.