I have referred a loan out of state based on NOI, cap rate at purchase, room for increase income and purchase price vs market value.Maybe I didn’t articulate the intent of the post as clearly as I hopedFor anyone who has bought multi family out of state, “what are gives you the warm and fuzzies about a deal”:Obviously not cap rate, but maybe vacancy rate,  Cash on Cash ,GRM, IRR, Unlevered free cash flow, Cities over 250k?

In beach markets, in ground pools tend to increase revenue 20% or so. 

The shorter the prepayment term has an impact on increasing the rate.4.

House hacking is a financial no-brainer, it eliminates you single biggest monthly expense, so you can increase your savings rate.

the key to a BRRRR, whether it's going to be an STR or LTR, is this:distress.you need to find a significantly distressed property, such that you can increase the ARV via the rehab. 

This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that it can be alot of work (and a full-time job if a person is putting in sweat equity).

They've increased the price several times in the last few years. 

So the added cashflow to property owners it they are willing to become the developer and increase density that tactic could help more owners stay than could otherwise afford to stay. 

So if prop 33 passes it will be possible to cap rent increases from one tenant to the next.A recipe for blight.  

I increased my Heloc on my primary.