But However, It’s like if I was to say that $6 million dollars in real estate valuation amounts to about 4 or 5 homes on my street in Los Angeles & probably worth about 2 or 3 homes two blocks away (gotta factor in the ocean & city views of downtown LA), not really a big deal around here.

The housing shortage is real and geography, the Atlantic Ocean, creates a natural barrier to expansion on one side.    

Until you buy the property you are only guessing by taking; reserves, vacancy, repair, capital expense, new grass fund, cash reserves, blue sky fund, I want my spouse to sleep at night fund.  

Shelter is bringing down the overall CPI, which makes no sense given how much rents and housing prices have increased.Look at YOY Shelter (in blue) for the last 12 months.

The people are great, the food is amazing, I love the ocean, and it's a great market!

It's mostly a blue-collar area, but in the beginning stages of being touched by gentrification. 

In the flipping world, you can fix and renovate things for aesthetic reasons till you're blue in the face.. and you'll quickly run out of money doing that.

I'm based more in blue-collar areas where the folks that sell their homes need the lump sum from settlement in order to move on & survive.2. 

Tiny house rentals.2.48 acres for $35,909.Right across from a nice bay with access to ocean and river.Main Ocean front highway to Halifax.About 2 hours out of Halifax.Has well and septic already.Off the highway.Even if you don't buy this property go thru the process and make an offer on it, subject to this or that and at a price that works for you. 

We brightened it up with fresh blues and clean whites.