——————————————————————————————————From the previous month, below are some real estate updates, data points, and current events!

I've had one recent multifamily deal in Florida exit with a 32% IRR and one hotel deal in Atlanta refinance and return 110% of the original invested capital through dividends and the refinance and the hotel continues to make regular 16% distributions.  

If that's the case, check out some of the economic data about what cities have strong job and population growth.

Also the 1% rule is about as good as the rule thumb and not based on current conditions or current data. 

You can always get MLS data many places.You be the investor, let the realtors do their jobs.

You can use Airdna & other STR estimator tools to get data on potential income/vacancy based on your location and property size. 

My goal for the team would be to have one project under-way by EOY.The exit-strategy of each deal will be dependent on location, market data, and ROI comparisons to determine the best route forward for the team and our goals at the time.

Originally posted by @Mark Whittlesey: I would get a UPS Store (or similar) box instead of a PO Box.It costs more but is much more flexible (is an actual physical address, can receive UPS and FedEx etc.)I had a PO Box for a while and got rid of it for exactly those reasons. 

Originally posted by @Kenneth Bullock:@Mindy JensenryrfWhat does this mean? 

Getting back to the original post, what would be a strategy you'd explore given his circumstances?