I'm sure OK has its share of dumps but you really have to drive around FL to truly appreciate how much low-cost housing there is.  

I was cold calling an off market property and the guy laughed at me because I asked if he would take somewhere around an 8 cap (obviously i didnt say this, I gave him a ballpark number) and he shared with me that these properties are trading at 5.3 cap.

Quote from @V.G Jason: Townhouses in shared lots are the new starter homes.

Hi @Deepak Malhotra,Thanks for sharing your experience—there’s a lot to learn here!

For example, if I purchase a site entitled to 100 dwelling units under a newly formed holding company and the only thing linking me to it is a shared PO box mailing address on the holding entity, the lender gets alerted.

I'd be happy to share my experiences from both perspectives.

Connect with me and we can share numbers.

Hello Denis,I apologize for the delayed response; I’m new to the platform and still getting familiar with it.Let me quickly share a bit about myself.

@Richard L Buchanan what is the point of your post if you're not going to share something we can help you with?

I've found that the more you share, the more you can grow your network and connect with like-minded people.