If it intimidates you, don't worry, I will attempt to be concise and provide a laymens terms summary.Basic statistics crash course:Obtain as many sample rent data as possible (Zillow works)Define alpha for null hypothesis testing ( 0.05)Run multiple regression analysis (#bed, #bath, sq ft) against active rental list prices.Observe P-values for each metricResult:#Bed - 0.02#Bath - 0.04Sq ft - 0.02All are below or equal to 0.05, reject null hypothesis (statistically significant).Create multiple regression line using coefficients for each metric.Input variables from project property and solve for rent!

My dad is a general contractor and previously had done fix and flip deals until the crash of the market.

I am currently waiting on a eventual stock market crash while taking loans against properties while they are at a high, but my plan is to invest a large amount of cash into stocks when the market is down.

I tried, before the crash, to take 80% equity out to buy another unit but had zero luck at securing traditional funding through a bank.

I sat on the money for a few years, and the market crashed and I bought a house paid in cash.

@Sherry AddyUnless you want to be a landlord in memphis after three years, you should rent. i also own fifteen sfrs like @David Hutson and @Caleb Heimsoth. the values in memphis today are back to 2006 levels. when the market crashed, it has taken twelve years for areas to come to par.

I bought my primary for ~50% of its pre crash value as a short sale and it’s still 150k below that.I’ll take IRR on nicer properties all day long over war zone cash flow, especially if I’m thinking of passing the assets down to children.

A lot of investors in my generation don't want to buy because they are "waiting for the next crash".

I was underwater on my investments in Jacksonville, FL for a decade and had positive cash flow the entire time, so the crash was immaterial to me as a buy/hold guy.  

I dont know about Atlanta or GA MSA but there are some banks here in WA these days that go upto 95 or even 100% (according to the flyers I have seen) with a full appraisal and other factors like assets, your financial stmt and other criteria but upto 90% LTV is pretty std I think in most cases for a HELOC on a primary residence and 80%LTV on a cashout on primary residence.If its a rental your only option would be cash out refi @75%LTV as HELOCs on an inv prop are virtually non existent anymore after 2008/2009 market crash but you never know.