I find the deals, negotiate the deals, plan and oversee the rehab, get supplies, coordinate for utilities, and have did a lot of rehab work on the properties over the years.

Markets like Reno, NV and to some extent Vegas will continue to have housing supply issues that will drive appreciation and increase rents.

I think its typical to see 95-110% TIP just matters to me who is actually supplying the money to pay that interest .

BP, I’m trying to understand the Providence, RI market, specifically focusing on the supply and demand drivers of the multifamily market.

I have a 2bd 2 ba vacation rental worth of furniture supplies, living room, kitchen, laundry room everything you would need turn key for a airbnb or VRBO where is a good site to sell it all in one and not dirt cheap? 

Expect the whole can of worms, ungrounded wiring, old panel, cast iron sewer lines, cast iron supply lines, termite damage, roof, etc. 60k went by quick for me and I was doing most of the work.Seeing the comps in the area, pull the permits and make this a 3/2.

Will say though, that you can be successful investing OOS in Class C rentals if:1) You buy at the right price, using +20% for Vacancy & Tenant Nonperformance2) You build a good team that's transparent and supplies narrated videos for maintenance, annual evaluations, etc.3) You buy in the "better" Class C neighborhoods adjacent to Class B areas, so you catch the overflow from those Class B areas.

In either case, I'd be looking at markets with a growing population (demand), a shortage of inventory (supply), and a market that has a net positive importing of jobs with wage growth.As the Fed's a poised to make some moves with interest rates later this year, the question still remains to be seen what they will do with their QE/QT policy on their balance sheet as that will affect long term 1-4 unit rates. 

I usually buy from a flooring supply house, but sometimes you can't beat the prices HomeDepot has.

Demand dropped due to higher rates but so did supply.