If you want to put down a low down payment, you might not cash flow for a few years.And FHA for 3-4 units is almost impossible.

It's a combo of low housing supply, higher interest rates vs. seller expectation, and a poor economic outlook for the country.As an investor with a few rentals it's like like the parking brake is stuck on.

That protects you from having to sell to  low.

On houses below $200k, the 70% rule gives you too low of a profit - you need to lower it the lower you go (ie a $100k ARV would probably be a 60% rule).

You can go as low as 2.5x in some cases but NJ tends to produce enough traffic/applicants where 3x should be minimum unless property is over priced.

Since you are using an FHA I’m going to make an assumption that you are putting a very low down payment on the purchase.

There are a ton of scammers, liars, and low-quality humans in the group.

We are in a very low tax bracket this year but should be 10% higher in 2025.

Looking to cash flow on low entry homes in some pretty nice neighborhoods close to where I grew up.

Success:  Signing a deal with First WatchFailure: Bought a retail condo, not realizing the low ceilings were such a deal breaker for a lot of tenants.Pain: A lot of turnover this year, especially in light industrialAha moment:  Mortgage note investing needs to be a larger part of my portfolio2025 Goals: Less Investing and more pickleball!