I think it is just as indisputable that higher cost markets will produce greater value add via a proper rehab.Next question is does initial cash flow have any correlation to actual cash flow over a long hold. 

(Again, ask the bank.)These days I lean toward flips (which is unusual for me) but if the numbers show it cash flows all in with a 7% loan, then sure.

Is your GC saying they stole the compressor or the entire HVAC system? 

Don't just read the lease!

And of course there gonna press to sell it for the most they can get, that's just obvious. 

David, I was scrolling through YouTube and just found out about your success by watching Dave Meyer's video.Way to go!

Firstly, becoming a multifamily agent is a fantastic way to learn the business first hand while making some cash in the process.

If that is the case it would require a 1031 which is just another layer to the process but ultimately not really that complicated.Without knowing how much repair work would be needed it's difficult to give specific advice.

Set up the LLC in Michigan (MI).

"What Is The Biggest Risk For 2025" And 13 Other Highlights From DB's 2025 Market Survey"The Deutche Bank 2025 global financial market survey had 471 responses from around the world, and was conducted between the 10th and 13th of December 2024.