Maybe once the actual property expenses are added to the equation, you will see a more realistic cap rate.

Inventory is now very substantially above the extreme lows seen in recent years, when inventory in the Austin area fell below 1 month (very extreme imbalance between demand and supply) for a sustained period.Kendall Garrison, CEO of Amplify Credit Union, recently said, “The good news is that we are moving toward a more sustainable level of inventory, which will provide price stability for sellers and more choices for buyers.

Thorough research and a clear understanding of your investment goals will help you make a more informed decision.

A misdemeanor may be sufficient to deny application if the conviction was recent and didn't involve a more serious crime, such as battery or intentional property damage.

@Brian Plajer, if you don't have experience running numbers for projects or are not sure if you can perform because of not being able to find a buyer, you could instead partner up with a more experienced wholesaler in your area who has vetted buyers already, or you could do a novation.Feel free to reach out! 

Subsequently we started a Reg D passive investment fund which allowed us to expand further and bring on a more direct structure to allow accredited investors to invest directly into the homes that we own and operate. 

If your goal was to offset active income, a more in-depth strategy should have been suggested.

You got to find a more affordable place and the landlord got to maximize his investment. 

This makes it a more accessible option for first-time buyers with limited funds3.

I already own property in Oklahoma (a quad) but I live in San Diego, so I want to enter my own market and this would be a more affordable way to do that.