Common mistakes can cost thousands.

Fools investmentThere's a fire- cannot rebuild and investor loses everything; owner ruins his credit; injured tenant sues everyone; everyone broke.Lender calls the loan- everyone losesPaying down a loan does not reduce a payment, this is not a HELOC so that part is not math.There is zero equity to loan on, no one will loan on this.What would buyer have to do to convince a poor elderly person to take this risk- scare them, threaten, lie?

Thousands of investors nationally and internationally, not from the South, see the growth, economic advancement, and solid fundamentals, and see the opportunity in Multi-Family without considering inventory available in these cities.

I was laughed out of the room and was told it could be done for 1% (yes if you have friends and family - but if you are raising $5M you will spend several hundred thousand today if you do not know people).

The tax rate is higher on flipping, the risk is higher, and having one flip go south can ruin an entire quarter of profits.

Nowhere on their little video do they low ball people on notes plus 30 day money back guarantee..anytime anything is at a costs from 90 bucks to thousands.

They handed out new debt at '18' rates "saving" the business's and all they could do and "save", ooohhhh how we should sing song's of these great "saviors" to us all.... and ignore that they did it with OUR MONEY, consolidating trillions in business that had been compiled over decades of effort by hundreds/thousands of business, all unto 1 national to-big-to-fail goliath.     

So you have people with thousands of dollars in monthly mortgage + monthly expenses who aren’t even breaking even in peak summer season.

Some home builders are eating profits buying down the rates with the lenders to get into the 4's or 5's fixed but it comes at a steep cost many tens of thousands in fees upfront to the lender.

If the Due on Sale is called and there is no equity, the buyer has to bring in thousands of dollars to close when they sell.