As we start to do a deep dive of the market, we would like to connect with fellow investors to get the lay of the land, insights on where to start poking around, areas to avoid, what strategies are working for them, etc.

For this post, I am trying to find out more about the real estate market local to me.

If your seller files bankruptcy after the sale and the Trustee believes the sale was fraudulent because it was for below market value and seeks to set the sale aside, I think the title insurer might deny coverage. 

I believe IB is likely to out perform the San Diego general market.  

Look at their marketing strategy.

Try to get her out, use the deposit to turn the property around, and try to find a new renter quickly.One suggestion: I would only forgive the July rent if she works with you to market and show the property to new applicants.

What markets are you looking at for STRs?

Here in Chicago (Illinois) you can only wholesale (market for sale) one property per year without having your real estate license.

of course you have to handle the inquiries… but it’s pretty easy… we’ve done it multiple times.Your 6% appreciation approximation is less than the 7% average return the stock market  does long term - and lately it has been blowing that figure away - though as they say - past performance doesn’t equal future performance. 

It has been 6 months or so, and I want to get them on a lease, and adjust the rent for market conditions.They currently pay $1,500/month, market for this small house is $2,200 or more