Purchase price: $35,000 Cash invested: $15,000 Sale price: $80,000 3/2 SFR with shop sold in 2021.

So it could take a decade to get to todays market rent. 2) it’s almost impossible if not impossible to non-renew a tenant, especially if you’re not an owner occupant. 3) As a seller, even if I could remove paying tenants I never would without a non-refundable payment from a potential buyer that covers all vacancies for 6 months if they fail to complete the purchase. 4) You MIGHT say as a buyer that’s worth it.

My advice would be go for the most they will loan you as long as you're in an appreciating market and you can find a value-add.

In some areas, we board up the 1st floor windows until we are about to start marketing the property.

I’m looking to invest out of my home state, Texas, and have narrowed it down to 3 markets.

You won't find one PM that hits all 3 markets as there is a pretty decent distance between the 3.

I'm also concerned about the real estate market as a whole.

It goes to your preference, of course, but whichever can produce the greatest ROI should be considered.There are many markets in Michigan, for example, where it is cheaper to buy an existing house and fix it up than it is to build new.That may not be the case where you are at or through the construction suppliers and contractors you may have access to.To Your Success!

I have a small team but work 3 different markets.

How will the new administration effect RE market in overall US market.