We decided not to make purchase in Raleigh main town because of low cashflow, set a parameter of 2 hours drive from Raleigh, found a 36 MFH deal, clench the deal, sold the triplex in Boston and make the payment using 1031 exchange from the triplex, quadrupled  our cash flow, now am back on the market looking for more MFH to buy.In the process of our research, we decided to stay out of the red hot market zones like Raleigh and Charlotte, rather to focus on those up and coming towns that are in between these 2 competing cities.

This sub-forum is dead!!! Is Fresno the gold mine I have been seeking and nobody wants to share? Seriously though what is happening in Fresno? I am 3.5 hours away by car and am taking a hard look at Fresno for my next...

He has had this place on MLS for over a year so that excuse raised some red flags as well.

The housing market in my local market, Richmond, VA, is red hot.

The housing market in my local market, Richmond, VA, is red hot.

The housing market in my local market, Richmond, VA, is red hot.

@Rax Gupta lot's and lot's of variables go into what makes a deals numbers green, yellow or red, in simplest term's they come from 2 root considerations; Risk Assessment and Operational Assessment. 

I see a bunch of red flags and the end result proves my suspicion.

Investment Info:Single-family residence buy & hold investment in Redding.

On thought is to flip a property, although this seems like a risky time in the market cycle for someone to try a first flip.I have been approached by a company that seems to have quite a lot of experience flipping properties and my first conversations with them have been very professional and raise no red flags.That being said, I am also new to this area and have quite a lot to learn before putting these large quantities of money in the hands of another.