Quote from @Anwar Akobir: For investors who focus on distressed or foreclosure properties, how do you evaluate whether an auction property is worth bidding on?

They already know that if I went into the project, I have evaluated it for the profit margin so we both make out.

I’ve spent a good amount of time running numbers and analyzing rent-to-price ratios, but I’m finding the hardest part is actually narrowing down which towns to target.A few things I’m keeping in mind:I like being near water since values usually hold stronger long-term.At the same time, I want to avoid areas with high flood risk.I’m focused on steady, long-term rental demand rather than short-term or vacation rentals.For those of you already investing in the Carolinas:How do you evaluate towns when deciding where to buy?

You ask which state you would choose to invest.Well, if you like living in Wisconsin, you could look for a duplex to start with in an area that had rental demand in the path of progress that was affordable to you.If not, I would make the drive over to Michigan and look at a markets like Lansing, Grand Rapids, or Kalamazoo.

I’d also love to connect with local investors, builders, and property managers who know the market well.Looking forward to learning from this community and sharing my progress along the way!

We evaluate based off of yield.

That way the guide doesn’t just stay theoretical, it leads to progress.

But if you don't have a number to quickly rule out a deal you will be wasting a ton of time evaluating deals that will go no where. 

That mix of disappointment, shame, and embarrassment really stuck with me—but I’m now channeling it into connecting with others so we can be smarter together when evaluating mentorships and influencer programs. 

Looking forward to hearing about your progress and happy to chat anytime.