I’d focus on comparing true cap rates and operating costs across a few submarkets to see where the numbers genuinely hold up long term.

Focus on properties that are truly comparable to yours—for example, if you have a 2/1 with a garage, look specifically at other 2/1 units and prioritize ones with garages.

Property prices per 2 recent studies are at an all time high versus rent (the studies were comparing the cost of home ownership to renting and both studies concluded that in virtually every large US city it is on average cheaper to rent than to own). 

It’s worth comparing the numbers before committing locally.

Population growth, expanding job opportunities, and relative affordability compared to other Texas cities continue to drive solid fundamentals.If you want some specific rent comps or vacancy numbers for a particular submarket or property type, I’d be glad to share.

Hey everyone,I’m comparing two 3-unit properties in Chicago and could use some insight from local investors.Option 1 – South Side (near Woodlawn area):Priced around $830KModern finishes, newer construction styleCurrent rents around $2,195, $2,000, and $2,000The area has a lot of new developments and new 3-flats going upMy concern: with so many new buildings being added, there’s likely going to be more rental competition, and property taxes may jump once reassessments catch up to all the new construction.Option 2 – Pilsen area:Priced around $735KAlso modern updates but smaller units (two 2-beds and one 3-bed)Taxes are currently low, but likely because the property hasn’t been reassessed since the recent renovationsThe area feels more established, with strong tenant demand and characterSo I’m weighing the growth potential and higher risk in the newer South Side market versus the more stable rents and potentially upcoming tax adjustments in Pilsen.Would you lean toward the newer-construction area with possible tax jumps but longer-term appreciation upside, or the lower-tax, established neighborhood that might get hit with reassessment later?

It also touches on RMD starting age elements and additional tax rules affecting early distributions.

Recently saw a property near me on zillow that was selling very cheaply compared to the comps.

Happy to connect and compare notes.

Killeen can be solid with the Fort Cavazos demand driving rentals, but since you’re already thinking remote, it might be worth comparing a few Midwest markets too, where purchase prices are lower, and the rent-to-price ratios are stronger, which often means easier cash flow and less risk starting.