@John Lasher if you want to focus on MF, especially in the North Florida markets, I highly recommend you speak to Beau Beery.

As a community I think we should focus on helping people who have had their housing situation negatively impacted recover as quickly as possible.

Generally speaking, if you borrow money at 7% interest and your investment is earning a 10% return, 10% - 7% = 3% and you are not growing faster than inflation.

Typical PE investor double speak. 

@Makani Donaldson it all depends on your investment goals.If you buy a Class A rental, it'll usually have negative cashflow, which will be hopefully offset with appreciation and better tenants.If you buy a CLass C or D rental, it should have pretty good cashflow because you may not realize much in appreciation and you'll have a lot more problems finding good tenants.

I have tried speaking with a few attorneys but haven’t gotten to far.

Owner occ developments there is no value associated to the income approach so these props generally speaking will appreciate a lot more as the neighborhoods are much more desirable. builders the last thing they want to do is sell to investors if they are creating owner occupied communities.. rentals degrade the neighborhood and they will be sabotaging their own values to allow a bunch of investors to buy and rent out in their communities.So when you buy new builds keep in mind if its a build to rent community they will NOT appreciate like owner occupied neighborhoods.. might be best to find something already 3 to 5 years old where the stigma of renters dies down.. that would be best to protect your investment.

You are not even scooping your initial investment so your cash on cash return is negative.

That'll help you figure out what direction to aim in before speaking with a bank to figure out how much you can qualify for. 

I recently had a conversation with a Russian-speaking realtor from Ohio and wanted to share some insights:Competition among investors is very strong.