It's really when debt gets cheap again, do the people who bought in 2023-2026 now realize oh this is going to widen from inflation again.

TIA.It may be more helpful to throw out a scenario like:Purchase Price:  500K20% down740 credit score6 months reserves 1:1 ratioQuote with and without a prepayment penalty and how long the prepayment penalty is. 

Legal isn't cheap and he probably spent a ton of money3) Court documents also show that Sief himself have over $1.3M of his money invested just like we did. 4) Scoutpads also gave up it's rights to their unpaid dues in favor of all investors to be paid firstSo this is someone that:1) has integrity2) fought for others 3) took the lead when others didn't4) funded the whole thingThat’s 99% more than most people would do in my two cents and someone I'd continue to invest with.

LA can be super expensive if you're getting construction done for you, but it can also be super cheap if you play your hand right.

Throw in income has not been able to keep up with inflation and home prices and its going to give.

Let this simmer down and throw some aggressive bids into quality properties upon rate cuts timing(so post labor day). 

.$60k is a great start but it's just not enough to be aggressive.Like you said, you can throw that at a downpayment on something.

Very few realtors understand how to accurately  calculate cap rates and many throw out high cap rate numbers merely to lure In unsophisticated investors who don’t know any better.

They are cheap, and will get cheaper in coming recession, as tourism to Vegas will decline, and they have superior growth and great management, that know what they are actually doingADC -(Agree Realty), they do what I do privately, but on a bigger scale, run by Joey Agree , very smart, they have excellent growth, multi-tenant, triple net retail, and grocery anchored Retail, they will benefit from massive secular tailwinds, as there has been under construction in retail for years, due to fear of E-commerce, higher construction costs/insurance costs, post GFC under financing-construction, etc, so existing inventory is commanding higher rents, we are bumping new leases by 7-11%, they will get this endogenous earnings growth for yearsthese should perform well over next 10 years, never buy anything in Real Estate for less than 10 years, to allow to go through cycles, and if you can buy in 401k/IRA so dividends can be re-invested tax freegood luck, you have to monitor your E-REITS like you would any other stock, closely, as they move with sentiment not just on NAV like private Real estate, so you can't just dose em w 200mg of propofol and walk away, not that you'd ever do that :)good luck

If you're getting it cheap enough it could be a worthwhile investment.