Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not. 

Top Renovation Trends for 2025: Renovating homes isn’t just about updating spaces—We have found that it is about creating a lifestyle that resonates with today’s buyers.

It is a small town, definitely a tertiary market right now, but that is where opportunity is going to be found.I think LTR, in the right location, can provide enough revenue annually to cover all holding and leverage costs while the resident pays down the principle and the demand in the city sustains slow and steady appreciation. 

It is hard to beat the appreciation, cashflow, tax benefit and the hedge it provides against inflation. 

Try a Google search for managers or look for an investors group in the area that can provide personal recommendations.1.

Hey Marcus welcome to the community, I work in the Kansas City area and could provide some value to your investing journey.

Quote from @Lorraine Hadden: As we close out 2024 and look forward to 2025, NAR released its 2025 list of top performers in 10 metro markets.

You'd hope they won't be that stupid and kill the goose that laid the golden eggs or they'll ultimately pay the price at the ballot box, like the previous Portuguese government.As is often the case, that kind of article sadly doesn't provide the necessary context to the uninformed reader - and I'm not talking about you, of course :). 

If you meet the bank's other requirements, then SBA will come in with 35-40% on top of the bank's 50% to lower the down payment to 10-15% (depending on property type).In our case, the previous owners had run the place as a part-time hobby, so the historical P&L's looked like crap. 

That’s why I only advertise on Facebook.When you create an ad for Facebook, in the VERY beginning where you choose the type of ad you want to run(you want to run an ad for “Lead Generation” or “Lead Form”), at the top of the screen somewhere, Facebook will ask you if this ad will be for housing, credit, or something else.