Interesting to know mortgage rates predicted to not increase for the next 1-2 years.Going to this article on BP: https://www.biggerpockets.com/rei/glossary/interest?

The goal was to move towards a more controlled and predictable environment with higher-quality tenants.New Construction Properties:Pros:- Modern designs and updated amenities- Higher property appreciation potential- Lower initial maintenance and repair costsCons:- Higher purchase price compared to existing properties- Limited availability in certain areas- Potential delays in construction or completionExisting Properties:Pros:- More affordable acquisition cost- Convenient locations with established amenities- Steady rental demand and potential for immediate cash flowCons:- Higher maintenance and repair costs in the early years- Limited customization options compared to new construction- Potential for outdated features or infrastructure

A turnkey LTR is more predictable with less setup costs. 

They will just use the input from appraisal report to predict income, and if you give lower LTV they will just accept your application.

I'm not big on predicting the future, but I'd bet $1.00 that Fall River and New Bedford will see a modest increase in home prices as well as rents.

@Gary Parente, It seems to me that your goal is to achieve $120k in predictable, sustainable income each year so that you can retire......yes?!  

While predicting market movements is challenging, gathering data and insights from local experts or real estate professionals can help inform your decision.Consider paying off investment property: If you have the option to pay off your investment property with the equity you pulled from your primary residence, evaluate the potential benefits of reducing your debt and owning the property outright.

I'm not too concerned about source of income as long as it legal, consistent and predictable.

Using this guideline, my renovation parameters and pricing guidelines can be remarkably predictable from asset to asset.4.Look for highly distressed physical structure: While this is more of a loose guideline than a rule, I have found that value (equity) can be more easily “acquired” with truly ugly physical conditions.

Whatever your prediction for a conclusion date, add 6-9 months, maybe longer.