One of our clients purchased and renovated a single-family home property for Section 8 use.

Do you think it’s better to buy a single family rental in the Saint Pete or the Tampa Bay Area?

We never sold a single property. 

Hey @Denise Evans and everyone diving into the BRRRR world, you’re raising a crucial point about making sure every single penny is acounted for before signing on that dotted line.

Again not a big deal for a home owner with one single mortgage to keep track of if their loan changes services occasionally, but with a number of loans all changing companies multiple times in the same year, it becomes frustrating trying to keep track of all of these changes, only to have more changes.   

Louis Fed shows the delinquency rate on residential single-family mortgages, and proves there's a way to spin this data to show that delinquencies are increasing rapidly.

Many of these were lost in tax sales, and the ones that they got re-performing underwrote loan mods at low single digit interest rates during ZIRP and could not resell them at a profit once interest rates were hiked.

With this timeline approaching pretty quick, do any of y'all suggest sticking it out until I find the right multi-family or would you jump on a good single family I can turn around and rent out down the road. 

I also like the fact that they have been in this business since before the 2007/2008 downturn (many syndicators are newer than that) and that they have never lost a single investor's money.Anyway, that is what I can tell you so far - but I've also seen great things mentioned about them on BP and see Brian on BP a lot answering questions for folks.

@Chirdeep BhutaniCap rates are a good starting point but are only a single measurement of an investment.