Houston, on the other hand, has higher appreciation potential, a growing job market, but also higher entry costs and more competition.

When it's a "oh, I don't know" or any form to that, it's a potential seller financed deal.

Are there any key factors or metrics you look for when analyzing a neighborhood's potential?

This has the potential to do the opposite.

In that scenario, you've potentially got 8 doors and used the same amount of funds.

@Diana Teng there are a LOT of potential pitfalls:(So, it's vitaly important to not just find someone that you think you can trust because they tell you what you want to hear, but you find someone that their processes seem a good fit for what you want.EXAMPLE: we do BRRR Turnkeys for clients and take numerous vides we share with them - initial, worst state of any demo, when HVAC, plumbing, electrical update BEFORE walled in, before any major payouts and of course a final walk-thru video.One thing that's accurate from all the HGTV renovation/flip shows is that you should expect and plan for surprises!

Experienced investors typically value properties like yours by analyzing cap rates, cash-on-cash returns, and income growth potential.

These areas often have 3/2 SFHs in your range, with decent BRRRR potential.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

The theory is spot on, in practice however that logic rarely plays out - at least in recent years where multifamily has been crazy.