Do this for my first deal and I'll still have money left over for a second deal.I've heard Arizona is good...and everyone keeps bringing up Scottsdale.Plan to buy for either inflation or cash flow...not all locations give both.

And when you do go over....by the 20%... now putting your repairs at $30K, you are at least $5-10K UNDER what an over-inflated, super safe, false budget does for you.So coming full circle.

Part of my opinion is simply based on inflation’s typical trend.

Adjusting for inflation, Tampa is currently around where prices were prior to the 08 crash.Whereas most of the county is currently above pre crash levels - there are a few markets that are finally pushing past that line.

If one is always at a static 1% , inflation eventually erodes cash flow too.

None of us can successfully forecast the future but smart money is leaning towards the housing market is inflated and even approaching the "bubble" territory.  

I'm in the Portland Or area & this market is seriously inflated.

This might be a really good time to be purchasing in those price points, as shortly after you buy it's quite possible that a your $440k or $665k home will inflate up to being worth what you can get it for with 5% down - a number that just went up.I don't think the 2-4 unit loan limits have been released yet.

Buyers like to buy at a 2 multiple or 1,000,000 based on 500k profit annually after expenses.Go look on bizbuysell.com Tons of businesses for sale that are not 1,500,000 and some of them throw off great cash flow.A purchaser could possibly get owner finance with the note for some down but do not pay an over inflated price just to get financed.

Contractors filing inflated liens rarely actually follow thru with the suit.