Purchase price: $55,000 Cash invested: $30,000 Purchased property was renter-occupied at $600/month at the time of purchaseDid not renew lease with tenant.Completed full Renovation at $30,000 6 days on the rental market before the property management team got a signed lease at $1200/month Renter moved in July.ARV $179,980 What made you interested in investing in this type of deal?

I'm interested in networking with investors who want to purchase multifamily assets in the Michigan or Ohio markets.

Many big-tech companies have established themselves here or are expanding into the Columbus market.

There is a stunning luxury STR on market that would generate six figures in gross annual income.

what should be a reason to choose 1 market over the other how to identify a market to buy?

If you use a HELOC, I would think about a BRRRR-ish strategy (No perfect BRRRR exists right now unless you go full off-market door knocking/postcard campaign/etc) to where you can refinance and get some of that money back, so you don't have $25k chunks of money at a 9-10% interest rate floating out there indefinitely.

Learn your market and learn to market. 

This helps reduce operational costs and increase efficiencies, hopefully giving the landlord back time to spend on other areas of the business.Market Trend Predictive Analytics: There are AI algorithms that can analyze large amounts of data in order to predict property values and future market trends.

If they want an off-market property, I even built a BRRR calculator that they're using to feed-in the numbers from the 'B'uy all the way up to the final 'R'efinance part. 

On Thursday we received encouraging inflation data making rate cuts almost certain by September or November. 
For mortgage originators, real estate professionals and investors, the 4.65%-4.45% drop in the 2-Year Trea...