I figured if I get a decent deal on a turnkey property that has at least 3 bed 2 bath I can prob rent for 2k a month give or take depending on the amenities and make decent cash flow. anyone else have any experience with renting single family rentals in this area?

Currently we are finalizing paperwork and figuring out what insurance we need and just trying to figure everything out all at once.

I found it an enjoyable read about his journey into notes, but out of roughly ~180 pages only the last ~40 discuss notes and even those are very general and don't go into any number crunching. 

Using rough numbers as an example, lets say the property is valued at $500K but post entitlement its worth $1M.

By the time we are done we should have roughly $25,000 into the rehab. 

Constructing two 4,000-square-foot duplexes on separate parcels in San Ysidro would cost roughly $2.96 million, with a market value of $6.31 million, offering a 113% ROI.

I figured DC would be a great area to invest in because it attracts tons of young professionals.

@Jemini LeckieRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Purchase price: $4,100,000 Cash invested: $2,000,000 79 unit value add apartment complex with roughly 800k in cap ex completed What made you interested in investing in this type of deal?

We as the lender are tasked with estimating countless figures for customers even though the lender has very little control over most of the figures.