Pace is a good rental area for the $180K market, rents can be between 1400-1600 for that type of a place (look at school districts when purchasing as that will facilitate a better long term tenant and higher rent in this market).  

I understand the rate rises after the five year period, but my question would be is that If I would be acquiring equity at that pace couldn't I just refinance once the 5 year period end approached.

@Ali Zantout I run a monthly meetup, with a few other guys, for investors in the area.If you're looking for something with a formal agenda and a sales pitch, we're not your group.But, if you're down for just casually hanging out at a local bar/restaurant, sharing conversation with like minded folks, feel free to join.We will be joining the a group of folks closer to the Northland this month, at Nick and Jake's in Parkville 7:30 PM.

I go at a much slower pace plus my town is really small so there isn’t a lot to work with at any given time.

Corpus is growing, but at a very low pace and I do not have the capital to hold onto a negative cashflow property and bank on appreciation.

“At the end of March, we observed price gains that put us on pace for half of the homes listed this summer to be above $300,000,” Vivas said.

Pace your self, remember to enjoy the bull ride, and laugh a lot along the way as there is bound to be tears as well, but not all would tears of joy. 

Hey everyone,I'm looking to relocate to a new city for a change of pace, but I am also looking to invest in smaller multifamily properties (1-4 units) in the same area. 

It also has a pace tracker, that will help you reach your goal and stay on track.

Not at a crazy pace but homes are being sold.