Quote from @Chris Seveney: Quote from @Jay Hinrichs: few things if these are sold to homeowners were the dodd frank rules rigidly followed when you did these.if they are sold to investors then DF doe not come into play.while credit and such matters keep in mind note buyers will want a 12 to 20% or more annual return..

When you add those together that's typically your 10 year yield, currently projecting 2% inflation and two and a quarter to 2.5% GDP growth near term, Bond market has felt that FED cut 8 weeks ago too much and too early, thus risking return of inflation.

So far, it's been an effective strategy, and I've gotten some really good returns utilizing it.I think more property managers should consider it.

If so, then I would return the portion of the security deposit to the one leaving and collect that same amount from the one staying. 

They advertise MLS Only memberships, but as memory serves, there is no requirement to join an MLS.  

If an asset is throwing off a certain yield that is not commiserate with it's risk, then investors will then begin paying more for that asset, thus decreasing it's yield....or start paying less for the asset which would increase it's yield, until it was at the proper risk/return rate to produce the yield that is truly reflective of it's risk.The problem is novice real estate investors get the risk/reward correlation backwards.

Now, with me being back I'm returning to my original plan of wanting to house hack in the Greater Boston Area.

This sounds like a solid return!

Also, running a flip with no money and hoping you get a good return with all the other stuff going on in the background starts to add stress, and you end up not enjoying it.

Even with multiple units, with current interest rates and a competitive market (prices have continued to rise even with higher interest rates) think the Madison market is a stronger long term ownership strategy, where the bulk of your return will come when you sell from appreciation in rents and property value.