You can always check with local real estate investor meetups and you’ll get more reliable referrals than just Googling.Inspections here can be eye-opening, especially with older westside properties, so definitely hire someone thorough who knows the area’s common issues like older plumbing, foundations, and outdated electrical.

If you’ve been skipping over newly built homes in your search, you might be doing so based on outdated assumptions.

Good projects with strong fundamentals get rejected because of outdated underwriting models that favor urban and suburban markets.How We’re Breaking Through the Funding Barrier1.

It’s often ignored because of outdated assumptions, limited financing options, or lack of scalability for institutional players.But the truth is, it’s a highly underserved space.

The rugs, wall paper and some cabinets are outdated and it looks like it was a bed and breakfast years ago. 

But for the Ma&Pa properties, 20-odd years outdated, big equity, and we can clearly see that $25k update-reno will get us $50k-$100k more on the sure-fire sale listing price, we-got-you! 

I would target neighborhoods in Austin with homes build in the 1960's through 1990's, where you can clearly find bigger spreads between outdated and updated homes. 

You're on the right path by actively exploring multiple markets and being flexible with your strategy, especially in a challenging region like the Northeast.Here's how I'd approach it based on what you shared:Multifamily vs Single-Family Homes --Multifamily: More cash flow if bought right, but you're spot-on that in PA, they’re either overpriced, outdated, or extremely competitive right now.Single-Family: Less turnover risk, more stable tenants, and easier to finance and manage remotely.

Everyone has a rule of thumb when flipping — 70% of ARV, $30/sqft rehab costs, comp within 0.5 miles, etc.But in today’s market, a lot of those “rules” are starting to feel outdated or downright risky.What’s one commonly repeated rule of thumb you think more investors need to rethink — and what do you use instead?

As the GP, I’ll stay closely involved in operations and work hand-in-hand with a third-party property manager to ensure tight control over expenses and execution.I’m specifically targeting properties with value-add potential where bloated labor and materials costs are dragging down performance and outdated interiors are costing rent rates to increase.