I’ve flipped in the dc area for years, right now there is just money & in the vast majority of cases there is high likelihood of losing money, right now the best investments in the area imo are buy & hold, I’ve even gone full circle and while I really liked value add for most of the last decade I think in a lot of ways new construction especially in more affordable markets (I’m personally a big fan of the eastern shore market) is a much better way to make money long term than flipping and brrring while I know they are sexy & certainly you getting a huge paycheck is great, there just isn’t any money in it right now, especially in nova. 

You have to know it takes effort and a lot of time, play the long game, but it's totally worth it. 

You can start real estate investing, reading resources, familiarizing yourself with the Albany, GA market, setting short-term and long-term goals, preparing financially, building a team, conducting property searches, conducting due diligence, making an offer, managing property, and joining local groups.

If you care about the long-term value of your home, absolutely do not remove the garage.

How are you handling your long-distance investment properties?

So my question is do I sell and take a loss of 35-40k, try to long term rent at around $2000/ month and pray for appreciation?

The type of business engagement and the level of interest in the counterparty or its assets influence the goals of a due diligence inquiry.For instance, a cordial agreement between a potential buyer and an experienced seller could provide the groundwork for a long-term alliance, whereas a hostile asset sale during bankruptcy would call for a different strategy.

I completely agree with you - sometimes taking the quickest and simplest route is the best way to go, unless you're up for the long haul of the Quit claim or Title Certification process.

When reviewing income, a good landlord will consider how long the individual has had the job or how consistent the income has been historically.

Hi April,I am a long term investor particularly in Lehigh Acres area and I am renting ONLY single family homes.