If there isn’t significant equity capture at this purchase price, and it’s not in a great location, this would be a pass for me.

Any advice or recommendations of where to locate groups seeking similar goals would be greatly appreciated!

Still ended up being great due to the location.

Recently a duplex came on the market that I am really interested in, it is located in an A neighborhood.

They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.  

Where are you located?

@Vincent WeselakIt’s a good idea to get an estimate for your insurance costs upfront since this can vary based on the property type and location, and it’s a key factor in evaluating your cash flow. 

Building located in neighborhood I had been interested in from the beginning of investing career.

Hey Jamie, I am actually a property manager located in Jacksonville, FL and work with several investors in the area.

This community is being built by GS Courtyard Homes, located out of Bedford, IN.