I’d focus first on hammering away at the rehab loan, then look to cash-out refinance the primary home in town once you have enough equity to pay off the remainder of the rehab loan.

@Jeremy HeamanWhat a nice little town.

Back in Louisiana we are self managing since we have family there, know enough people to call if something goes wrong, and we are back in town every month or so.

Rental rates are going up substantially in my town. 

They are not going to wait for you to get a list and fly to town.   

Hi everyone,
My name is Mike, and I am a 1st time real estate investor. I’ve read a few awesome books on real estate investing, and finally want to make this happen! Super excited to be apart of this community.
I a...

It's the same in the town where I invest in Texas!

Hi all,Do any of you all have experience investing in university or college campuses? What are pros and cons of this type of real estate investing? I hope any of you have feedback or experience here.Thanks!

Hello Everyone,My name is Chris and I have been bit by the REI bug.I am located outside of Boston, MA and am looking to build a solid foundation for becoming a real estate investor.Interested in long term rentals (unless the time calls to sell) outside of Boston, preferably.Have done a bit of research on condos, single families and multi families.Goal is to buy cheaper properties that need a little bit of work and then put them up for rent to collect the little bit of cash flow.More recently I have had my eye on New Bedford, MA, although I am not sure the future looks too bright for that town, as it has remained unchanged for many years.I think I just like the number of cheaper multi family homes that are available right now.Looking forward to hearing from you all.Chris

They have 3 homes for rent in my town which up to this point was small local investors.