Killer deals vs decent deals
For buy-and-holders out there -- you've likely decided to focus either on:
- finding awesome deals, rehabbing and renting
-- vs -- - finding properties that are pretty much move-in ready or (my favorite) already occupied with good tenants.
How did you make this decision? What factors played a role for you? Especially if you're a remote investor.
Numbers-wise, I know I can get better returns with BRR (buy/rehab/rent). But in terms of peace of mind as a busy out of state person, I lean more toward the move-in ready investments. I want some arguments to help me either feel better about my choice, or seriously reconsider my strategy.