If you only have a few units, economizing is a good idea. 

My goal is to master the intricacies of various property types and economic factors.I'm actively cultivating a network of industry professionals and am financially ready to acquire and manage my first investment property, aiming for positive cash flow and significant value creation.

Croix's economy has been depressed the past few years with the closing of the HOVENSA oil refinery which was the second largest employer on the island (second only to the government).Closings must be handled by an attorney in the Territory.

Look at economic indicators, population growth, job market stability, and rental demand.Leverage Local Expertise: Partner with local agents and property managers who have a deep understanding of the market.

Hi @Thurben James, the area boasts affordable property prices and potential for high ROI, especially with ongoing local economic initiatives.

Also, one of my goals is to "Save enough cash for next economic downturn to get aggressive on RE"

For my company Lincoln Square has seen some of the largest increases. 

You are asking about markets where you can Buy, Rehab, Rent out, Refinance, and Repeat (BRRRR Method) where you can buy 70% of After Repair Value and under $150,000 with good cashflow.This is my favorite strategy as well.There are several markets in Michigan where you can do this but the market I prefer is Lansing, MI.It is the State capitol, there is always a lot of economic development as a result which creates jobs and demand for housing which keeps rents up and appreciation steady.To Your Success! 

As the market continues to evolve, staying informed about mortgage trends and economic indicators will be crucial for making savvy real estate decisions.

.- Economic Stability: Supported by a stable healthcare sector.- Cash Flow Potential: Often meets the 1% rule, indicating strong cash flow.Columbus:- Growth and Demand: Booming population and tech industry.- Appreciation Potential: Consistent market appreciation.- Rental Market: Low vacancy rate, suggesting high rental demand.- Median Prices: Affordable compared to larger metros.Long-Distance Real Estate InvestingInvesting in properties in the Midwest while living in Los Angeles is feasible with modern technology.