Freddie Mac and Fannie Mae, kind of like special lenders, offer good rates but need well-kept properties with lower down payments and longer payback times.

Ideally, you could also be an investor and buy something in a cheaper market and have it managed by a PM. 

A unit renting for $700 probably can't go straight up to $1,200 overnight with no updates unless your property looks like the other ones in the area renting for $1,200 and offers similar finishes/ amenities. 

When the lease ends and a new lease is signed this person can be removed if they have moved out by then.

Of course, the virtual numbers that the tool spits out have to be validated "the old fashioned way" by confirming the assumptions the tool is making (comps for daily rental, occupancy, vacancy rate, seasonality, etc.) 

I will show them how to make certain repairs in a hands-on way as part of this field trip.I am thinking about charging $500 for this offer.

Hey BP Community, My wife and I bought at the peak of the housing boom in 2022 in Austin and likely overpaid, but it didn't bother us at the time as we really just wanted to win our first home after 10 previous offers not succeeding.

My thought is, hopefully, I can get something a little nicer or slightly cheaper by being a 20 to 30 minute drive to Bodie island.

Pappy's are very good as well, but not worth the secondary market prices (@Joseph Beilke).Four Roses is a very good consistent distillery - their single barrels (especially ones handpicked by a store or bar) are outstanding.

These areas tend to offer solid cash flow, even for out-of-state investors.Regarding company structure, owning property in an LLC is a popular option here.