Luxury homes tend to only loosely follow the area wide trends.Many people say to look at days on market to spot changes in demand.

I have a full time job that is hourly flexible but sales demanding.

I am seeing the demand for employees going up along with their wages  in the contracting side of the economy .  

Report a deduction for PMI premiums on line 9 of Schedule E (Form 1040), Supplemental Income and Loss.Hope that helps.Ed

The college student does not have as much money as the normal dual income family, and that is the big reason it will be a little harder to rent out.There is always the possibility to rent it as an AirBnB; however, if the rental is in the same town you live I don’t know how high the demand is for AirBnB (something to look into though)! 

I am also currently doing credit repair that takes time all while holding down a very demanding full-time job.  

For example - run the numbers doing a purchase and repair with a conventional purchase rather than with the refi.Also the area is in demand just like the rest of the metro area and will be difficult to cash flow - it is difficult to get over about $2,000 a month in rent unless you are in a very nice property and area. run your numbers again for cashflow and make sure it works. 

Luckily, my properties are in an area with extremely high demand for investor properties so selling them fast, turnkey, for a good price should be no problem.

I am thinking of using only airbnb for my new FL sfh in an in-demand location (closing in a month).

Hello all,About 6 months ago I purchased my first property, a duplex on the MLS at below asking price (and below market based on comps) in a high-demand, albeit up-and-coming neighborhood of Buffalo, NY.