@Joe Frank I’m a huge fan of Turbo Tenant to market properties, manage leads, screen tenants and lease up.

I would choose the strategy that best fits your strengths (unfair advantages) and what the market in your area demands.

One unit was rehabbed with $15,000 and a new leaseadded at market rent.

Rented at $3,215 to a Section 8 Long-Term Tenant instead of a Long-Term Market Tenants for $2,400.

The zoning changes will make California a hot real estate market.

Just do thorough research on the local market and have a solid plan for managing the properties remotely.Good luck!

Just be sure to account for the upfront costs, ongoing maintenance, and market demand to make sure the numbers work for you.Good luck with your decision, and feel free to share updates as you move forward!

The equation shouldn't be PP = Market Price - cost to repair foundation, it should be PP = Market Price - cost to repair - discount for taking on the risk.

I'm curious to dive deeper into the Santa Fe market and would love to learn from those with local experience.

Quote from @Francisco Milan: These really do not do much these days for people finding most of the listing online; however, you need to be sure that you put one out because any lead is a lead to put in your database to market to.