The combination of high market prices and high rehab costs makes for a challenging environment.

No doubt the higher rate environment will almost double your payment when you pull out that remaining equity.

The locations we are looking at are mainly towards the Maine border towns ( Rochester, Dover, Portsmouth) mainly.Anyone familiar with the real estate environment for multi unit condo villages in Dover/Rochester/Portsmouth area of New Hampshire?

Where can you make money in this environment perhaps its in repositioning your portfolio and controlling cost. 

Quote from @Carlos Quiros: Hello all-I am looking at a few properties, one in particular is fully remodeled, has tenants but after asking questions about the area on a facebook group I am told that gunshots are heard in the area and police are present often.Is this an area where as an investor one sees opportunity with a unit thats fully renovated and a start to beginning to gentrify an area or an area where you'd rather avoid until more people jump into that shipAny advice would be helpful & appreciatedCarlos In my very own subjective opinion, this can be done *subjectively*- if you have the personality of LL that could take care lot of surprise and volatile environment, this investment could work for you- if you are woman, 98% do not do this.

Cecilia,I lean toward privacy myself, which is why I understand your desire to create an environment where you can have rental income along with privacy, all in a single family house.

To thrive in this evolving environment, consider the following key adjustments:Firstly, maintain a vigilant approach to market analysis.

@James LandsfordIn today’s environment I would want 10% downWhat if this group completely mismanages them, values drop and they are in disrepair and hand you the keys back?

Hello all,Before I get started, I’d like to thank the BP community for the help you provide, content you create, and welcoming environment you encourage.

On the surface it doesn't appear to support a buy and hold environment or at least not at the current market values I'm coming across.