Bloomington is a city located in south-central Indiana, approximately 52 miles southwest of Indianapolis. en.wikipedia.orgRecently, the city has been exploring co-living arrangements as a strategy to enhance affordable housing options.

Location How did you find this deal and how did you negotiate it?

I'm located in Lewes, DE but the joys of the commercial world I can help make deals happen all over!

Location?

Quote from @Marcos De la Cruz: Quote from @Drago Stanimirovic: For a single-family rental (SFR) that's free and clear, meaning no mortgage, the acceptable minimum annual cash flow depends on your investment goals, location, and risk tolerance.

Make it your business practice to post the notice to pay or quit precisely on the day after the grace period ends, every time.

In fact, these properties might be located anywhere-perhaps even in neighborhoods slated for look growth.

We sold 3 locations that had little debt on them with great cashflow, stayed heavy in cash, our stock return was only around 11% versus 25% since we went conservative, have two projects banks have already greenlighted with no downpayment on our part using cross collateralization with other properties- built in $2.5mm equity creation in 3 years in those projects, on hold for now.  .   

My experience in Massachusetts, where it took nearly a year to evict a non-paying tenant, has made me more selective about the locations I invest in.I am looking forward to learning and sharing insights with this community! 

Property is located in Vegas in Paradise.