As other people have said, 250k can get you many options for appreciation in nearby cities and out of state.

I think I will call tomorrow some local nearby luxury apartments to see if they have garbage disposals installed, and that will give me an idea what the upper end rental market is doing.

The area is building up with 6 new multifamily buildings nearby.

Hi all,I'm from California and thinking of buying a rental property in/nearby Austin.

However, since this community bank is based in my husband's nearby home town and our loan officer was his classmate for many years, we had no reason to believe they would come after us. 

Out of state investing might make sense but if this is your 1st deal, find a deal nearby.

It's important to remember that short-term rentals are subject to fluctuations in demand, so it's essential to have a solid understanding of the local market conditions and the property's performance history.Google awning airbnb estimator and take a look at the seasonality and performance of nearby Airbnb's to really get an understanding of how it might do

Everyone seems to advocate for househacking but why would you do this when you can get rent cheaper somewhere else nearby? 

It's essential to explore alternative parking solutions, like leasing nearby spaces or offering valet services.

Seek out areas where rental demand has historically been steady.Attend meetups and networking events in the Richmond region to make connections with nearby real estate investors.