Purchase price: $50,700 Cash invested: $90,000 Sale price: $205,000 Beautiful vintage 1920 Craftsman in the heart of North Knoxville.

Home was a huge comp for any rehabbers in a two-mile radius!

I tend to buy in the Southern half of the US for 2 reasons:1) you get much higher year-round occupancy rates in the South & it’s simply tough to earn a good ROI in the North if your place sits vacant for a big chunk of the year2) Culturally, the Southern half of the US seems to be a lot more accepting of STRs regulation-wise.

My wife and I live in Jacksonville, North Carolina.

I pay my taxes and insurance with a credit card so I get points / miles on the spend. 

I am in Johns Creek, Ga (North of Atlanta).

You have the I-4 corridor towards Orlando or you have north up I-75.

What is the average Cap Rate in North Hollywood and Echo Park?

Also, Hello from a fellow North Texas resident. 

I'm looking now at 3-4 bedroom SFHs within 1 mile of campus.