Usually I go before signing the contract even, but this was a hot deal in a hot market so I just signed based on my team’s evaluation.

I've read several other members' posts about living in hot markets, like San Francisco, and trying to invest out of state. 

The house is now worth $650kI'm thinking about whether they might want to buy the place and when/how to broach the subject.

I would be glad with any direct or indirect recommendation/comment related to the subject!

I had a 4plex in Edinburg I held for 5 years but recently sold because the 4plex market was pretty hot and I knew I had some capital expenses coming up - roof, AC, etc.

The market is crazy hot and there’s nothing else in the building for sale.

The market is crazy hot and there’s nothing else in the building for sale.

The market is crazy hot and there’s nothing else in the building for sale.

We'd probably see dips in early spring and late fall as most people would be looking for fun on the lake or skiing (both near by the subject property).  

Hi there,I'd be interested in the collective wisdom of the Bigger Pockets community on anything that might stand in the way of solving a problem for house rich/cash poor homeowners while giving investors a leveraged return on hot real estate markets.