I understand that starting condition and location will play a factor here, but just wondering what your experience has been.

If you understand the math of it all it should come very clear, the game is NOT best played (1) buying in all cash, (2) buying and sitting on a property for decades on end. 

Generally speaking, Boston proper is an appreciation market (low cap rates) unless you have a solid value-add play.

Rate and price play a big role in BRRRR.

This would be more of a multi-family buy and hold play. 

Columbus is going to be more of an appreciation play and cash flow margins will be tighter in the beginning. 

One of their so called instructors from one of the training sessions asks the students to go to the five star hotels, or go play golf, or go horse riding, or go hang out at the high end night clubs for the sake of fund raising.

If he makes less 94K a year and married he can take advantage of zero tax rate which would come into play. 

I would like to find more of an equity play.

I am also curious about when/how an attorney/legal involvement comes into play with this.