Trying to use future rents AND current GRM's is double valuing the rent growth.That's why you see high teens low twenties GRM's in high appreciation and rent growth areas but sub 10 in less profitable areas.

I have been studying, implementing and marketing since June 2015.I grew up in a military family and spent most of my teen years in Silverton OR, graduated high school and joined the military (USN) myself.

I think the dreamer / hobby-business aspect helps: Most people pick RS for certain reasons & entry/exit can be (rather) fluid-- it's not like most of us picked this major in college, and feel trapped in a system as a professional  we didn't understand as a teen-ager.

because comps in the area are selling for between high teens to high 20s.  

Many passive RE investors, hard money lenders, and note buyers seem to be happy with low double digit rates of return, thinking that, relative to stocks, bonds, mutual funds and annuities, mid-teens is a respectable yield.  

Father of two very smart teens and need to spend more time with my family.

Hi,  I downloaded the beginners guide about fifth-teen minutes ago.

After spending my teens and early 20's in the stocks, I have learned that I'm not a great guru on what will appreciate.  

I was a teen in Orlando in 1969 and it's still a great place for families.

If interest rates were much higher or if the bulk of the posters on BP were people that could not allocate assets to projects with mid teen returns on capital this may be a different discussion.