Bluegrass Shift

As a seasoned landlord in Lexington, I've noticed a regional market shift in the Bluegrass region. With the rise of remote work, smaller towns like Richmond and Berea are experiencing increased demand for housing. I'm watching this trend closely, considering how it may impact my BRRRR method investments. Recently, I came across a fix-and-flip project breakdown that caught my attetion. The numbers were: $120,000 purchase price, $30,000 rehab scope, $10,000 holding cost, $180,000 ARV, and a projected net of $20,000. While these numbers look promising, I remain cautious, knowing that thorrough property analysis is key. I'll be analyzing local market trends, property condition, and potental rental income before maaking any investment decisions.