Thanks for the kind words @Greg Srader and for sharing your insights here - those are some awesome lessons that a lot of new players can learn from.

@Ivana Timmers There are some big players in wholesaling down here in SJ.

Spoke to attorneys, way to many red flags.  

Red flags?

Huge red flag. 

.- Home to over 3,000 tech companies and a host of accelerators and incubators, Austin is quickly developing a reputation as a key player in the US AI startup scene.- According to Built in Austin, defense technology appears to be the leading area of interest for venture capital investors on the Austin tech scene.

Some markets may not cash flow that well and I get that but to say that it's okay to be in the red for multiple years because you have underwritten the market and know values will go up sounds crazy to me.I have only done a few deals to this point so maybe I am missing something but I would love to hear your thoughts on heavily weighing appreciation as the decision to move forward with a deal even when negative cash flows are the most likely short-term situation. 

That being said, a lot of my guests also were visiting to go to the mountains (or Red Rocks Amphitheater for a show), so it isn't all about downtown, but Adams/Centennial would add another 15 minutes on a drive to the mountains. 

NonQM loans aren't as regimented as conventional/govt, but the investors are much less likely to budge when there are red flags, such as a significant difference between two appraisals.

I don't know much about this, but it is my understanding the City of Jacksonville puts up a lot of red tape and there are a lot of hoops to go through.