But basing on the recent data, is it safe to say that we are entering a buyer's market this year?

Our strategy is to buy and sell once the builder completes selling all the houses in the community.The base price of the house they're selling is $420K, but the model house, with all upgrades, is priced at $450K.

Here is the RENTAL REPORT based on renting 3 units out and living in one of them.Challenges:Qualifying for the necessary loan.Ensuring a profitable return for my grandparents.Request for Advice:Feasibility of the project from an investment perspective.Suggestions on managing the financial aspects, especially regarding the loan.Any similar experiences or insights would be incredibly helpful.I'm already in discussions with lenders, accountants, and realtors who see potential in this project.

Once I have your criteria, I can put you on auto e-mails and we can touch base weekly or as often as we find things that may work.    

CA can be a great place to invest due to equity gains made on buy and hold properties, especially in conjunction with prop 13 (keeps your home value basis based upon purchase price.)  

Taxes and insurance matter as well, but at least based on the rents, it sounds like a good deal.

Doing some due diligence on a private lender based in Lubbock, TX. 

There are not a ton of rental properties in the area but the price seems decently competitive based on the few other townhomes I see on realtor.com The photos in his listing are not great. 

AirDNA provides yearly revenue, taking into account occupancy and different rates based on a season.

(used to be 25% nets )  Again you can buy a duplex that will have about 12- 13k NET income on gross of about 20k, with an all in PP of 108k,,,, thats about 12% net based on a cash purchase.