Meaning, the simple rule of supply and demand is not justified correctly?

After 6 months it gets tricky as there are so many factors that will come into play.

Often your investment play in those areas will be for appreciation.

What role does the tax assessment play in this value?

Play around with all the settings and see real time how many addresses your parameters give you.

because of the school district it's become a high demand area.

Your options are many and you should play with all of them so you can become educated.

You state the value of comps in similar condition which is good for buying but not for selling a revamped house.Assuming you have $41K to play with (the difference between purchase and avg of comps) you will find that can be burnt through very quickly.

I know of many people that have done this in connection with rehabbing properties and so long as you play by the rules of the lenders, you will be able to excellerate the growth of your portfolio.You come out better in the long run if you dont refinance and just keep the original FHA loan in place at the low rates and just live there the prescribed 1 year then go get a new 1-4 with a new FHA loan as a primary.

I'll play around with it a bit more.Brandon i'm relieved to know that we're the same age.