Cash flow is a function of LTV, so this is where it gets murky.  

Make sure they have live events in Albuquerque. there are so many places to eat in Santa Fe. 

So, I would work to increase your knowledge and experience and really identify a strategy that suits you before moving forward with anything. 2.

Let's talk,DanIve actually been looking into buying a condo myself as an investment, I have a few rules, needs to be with both good hoa management & relatively cheap fee (bellow $600 a month) needs to be in area where I’m not competing against other new construction apartments, needs to be an area where even townhomes are so expensive you are not competing, I.e. upper nw, nova, Bethesda etc. needs to be 1990’s or newer in most cases.

So why would you pay what they paid then? 

It's another to do so in a way that makes a new investor feel bad.

@Anthony Sigala that "Rule" was created for mostly Class B properties BEFORE the Great RE Crash of 2008-2010.Values after the Crash dropped so much, that it could also be used for Class A rentals.Values are now more than their pre-crash highs, so the rule now only applies to Class B & C rentals.How are you identifying Class B & C submarkets in your area, so you can properly apply the rule to the right rentals?

DM me so we can chat!

Spring is best obviously so we may be a little early, but that’s ok.

So I dont think I can say No here, or can I since we are married in a community property state?