We want to keep it in good shape and provide housing that people are happy to stay in.This will be a long-term hold for us, and we’re hopeful about both appreciation and the gradual improvement of the neighborhood.

I’ve been in the real estate space for over a decade as both an investor and consultant, and one thing I’ve learned is every BRRRR or flip teaches you something new, no matter how long you’ve been at it.My biggest lesson recently was how crucial it is to stay flexible with exit strategies—sometimes the deal that looks like a flip on paper ends up making more sense as a long-term rental once you run the updated numbers post-reno.Looking forward to seeing how you’re building things in Jacksonville.

Current NOI is around $29k, with projected/stabilized NOI closer to $53k once fully leased and with a couple units finishing renovation. 4/7 leases were just renewed close to market rent, but not as high as are updated units are projected. 3 vacant, 1 just renovated now being marketed for rent and should be occupied prior to closing. 2 will likely be renovated prior to close, but not sure they will be occupied w/ rents in place prior to closing. 

You're starting this journey at a perfect age, and diving into the community through resources like Rental Property Investing shows you’re already on the right track.One key piece of advice as you work toward your first rental: stay laser-focused on your numbers.

Hey BP Community,Wanted to drop in with a quick rental market update from the perspective of a property manager actively working in Johnson County, KS (suburban KC area).

I'll look into joining some local REI meetups and investor groups around the Cleveland area.Thanks again for the encouragement, I'll be sure to keep the community updated on how things progress.

I personally would stay away from section 8 and do one small multi-family instead.

Many municipalities are using onerous regulations to make it difficult to stay in compliance.  

Also, ask the tenant what they think - but, be careful of how you frame this question to avoid tenants asking for a temp stay in a 5-star hotel!

I’ve been digging into the Bryan/College Station market (home to Texas A&M) and wanted to share some fresh numbers from August 2025:

Median price: $356,750 (up 2.2% YoY)

Active listings: 465 (up 12.6% Yo...