I don't see much deviation.It's amazing actually looking at the beautiful chart, the MFR chart, SFR chart (zillow) and wage/rent growth they're all symetrical in a parallel line.

I thank you for reading this outreach and hope I may be able to assist you in some way in the future.(1) After I received a preliminary offer in late October, the lender had provided me a specific, written, conditional offer on 11/7/16 to lend the following: 75% of LTV (The lender’s ordered appraisal appraised the property @ $276,000 on 11/18/16)10% interest only for 1yr min (up to two years)Indicated closing before the end of November 2016 (4 – 10 Business days)Said they will forward documents two weeks ago, but no contact or replies to inquiries since then - - - only crickets.The lender is CIVIC Private Money Lending (WWW.CIVICFS.COM) Redondo Beach, CA.

Good luck with your goals and would wager that you'll reach them sooner than 2020!

I've done some preliminary research so far, but literally only just started last night.

IMO, ALWAYS use a Title Company - - it's not about getting the lowest closing costs, it's getting it Right on the first pass AND at least getting a preliminary title report to stay out of the deep end of the pool.

I am looking to start investing in the next few months. per recommendations I have constructed a preliminary business plan. 

Preliminary results of some cash flow analyses look promising.I would love to meet up with locals in the NYC area and talk real estate.

Preliminary discussions at the moment.  

And I agree some preliminary recon work might have helped there, though some sellers are tight lipped.The other biggest stumbling block here may just be not having a motivated seller.

OPEN a refi escrow with a local escrow company like First American or Chicago or Fidelity etc.. and then read your Preliminary title report.. that will tell you exactly how this is all set up.