That's not to mention the tenant headaches and fact that you would need to stack up 50+ cheap units each cash flowing a few hundred a month (which looks high on a percentage basis) to start to get meaningful cash flow going, which very quickly starts to resemble earned income from a job more than passive income from investment.

That lets you skip the whole exercise of saving before you can buy.Between price appreciation (at least here in MA) and rising interest rates, it's going to be hard to make any meaningful dent in your monthly mortgage payment with savings.

I look forward to meeting you all and having some fun and meaningful discussions with you!

We don't see any meaningful changes to our business model of value add acquisitions and re-positioning of large apt communities.1 ) Regulatory changes that impact RE ownership or advantages don't seem likely w a billionaire REI mogul in white house.2) Trump's platform seems focused on getting blue collar jobs back in U.S., increases in min wage laws more favor our apt resident base.3) We are watching it rates more w talks of fiscal stimulus but it's more of a wait n see.We continue to focus on the fundametals.

, but we have not seen a meaningful uptick in owners-occupant buyers as of yet. 

@Austin Fruechting  and it would be great for the audience here to talk about how you got that banking relationship.I will take a stab1. great credit, No BK's no child support  show's responsible borrowing if any.2. great jobs with provable income to support the debt you were taking on. 3. meaningful time with your contact probably lunch's probably took him to your props and walked him through showed him first hand what your doing. 4.

Hey guys names Joshua Koo and I am looking forward to getting to make some meaningful connections with all you other members here who are serious about REI!

Once you understand what you can afford I think that's the time to have more meaningful conversations with agents, mortgage bankers, etc. 

CAP is only meaningful if calculated on properties which are priced based upon the cash-flow of the business and if calculated in the same manner and on all properties being compared.  

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.