The reality is people are making money in virtually every market.

Revenue approx $450K, 45% profit.I am posting here because I am seeking a partner who can assist with financing further developments, including purchasing land and building and selling (flipping) 6 villas this year.If anyone has questions about the real estate market in Bali or is interested in potential collaboration, please feel free to reach out.

I was wondering if buying a long term rental property with tenants already in place in a market that is up 20% yoy is a good investement or not. the rough numbers ive been running seem to have a decent cap rate but the house is about 15k more than the zipcode average.

The reason I ask is in my market appraisers often do not look up permits to determine a unit is legal if the unit appears to be legal.  

I can help you explore refinancing options in the future to lower your interest rate, especially if market conditions improve.Living in the property for 18 months while renting a room can help you offset mortgage payments and reduce living expenses.This strategy also gives you time to understand the local rental market and plan for full rental income after you move out.Fixed-Rate vs.

I have found that they markets are completely over saturated and state and local governments are continuing to implement laws making it more difficult.

Bottom line, really do your homework before you buy an Orlando condo (but don't necessarily write off all condos in our market).

Yes, feel free and reach out to me, and let's connect and go over some options and region-specific analytics to break down the market for you. 

Buy price $823, sale at market $1.75, sales costs ~$100k. 

The house ended up going under contract in just 17 days, in a market that was averaging 58 days on market in this area.