Quote from @Marc Zak: In the market where I live (San Diego), appreciation has been strong and many predict it will continue to appreciate in the long term.However, with current interest rates (6% at best) and property tax (2%), the annual cost burden is 8%.Am I correct in saying that appreciation has to be above 8% annually (plus whatever my maintenance and vacancy costs are) for me to make any money in this scenario if the property is cash flow neutral?

Personally that's why I like to sell such tenant buyers a 1yr extension, or at least present such.

The recent undersupply has created serious affordability challenges.This data confirms what many of us already feel in the market: we need more housing.

All I know is I contacted them, presented my case as I described and received the necessary documents recorded to cure my issues. 

It is hard to pin down specifically, but that seems to have been a factor in a few of the ARV-Appraisals that I've seen and has impacted the refinancing process.Otherwise, it has been a great market for my clients, great cash flows and repeatability which has really helped as they have scaled.

He is the foremost authority on Private money marketing.

Purchase price: $77,000 Sale price: $85,000 Contributors: Peter Vekselman Partner Driven teamed up with Jamari Sprueil to secure this off-market deal in Decatur for $77,000.

I am guessing his hands are tied as Norada is simply the marketing company and I am guessing no operational control of Wagner.

But, this being a larger syndicator they do have professionally made presentations and due diligence documents for you to look through.

Mine have appreciated off of the charts in the Charlotte metro market.