However, with the more complicated operating systems and heavy competition, that’s not true anymore. 

remember payments may only be 400 a month at best.. 6 months reserves is a whopping 2400 dollars.. so someone theoretically with less than 10k in cash could get into these properties.. this William I personally think is highly dangerous for lender and for buyer... its not losing the 10k that's nothing its getting your personal credit trashed when you can't make the payments because you lost all your cash.IMHO if you want to be in the rental game you need 20 to 30k liquid at anyone time that you don't have to borrower etc.. this will insulate you from taking a loss. as you build units of course its not exponential but you need a base.And since this is not TRUE cash equity only paper equity there is no hope of selling them for a profit or what you have in them.. 

You can't tell the reality of gentrification and what is true crime vs. petty crime overall.

My goal is to sell for a profit either way, but I’m not sure which path to take.Rehab: The Tried-and-True PathRehabbing multi-family properties has been a staple strategy for a lot of investors.

There is also a True Portfolio program where you can buy a Second Home with only 10% down and can have a back end DTI of up to 49%.Best to have a conversation and go over all options than to take one lenders turn down.

What are the true numbers on the park?

I said it 10 years ago when I was on the BP podcast, and it remains true today....the biggest mistake investors make is an inability to properly judge risk.

It is not true for beginning investors or even someone with experience in 20 single-family homes and I'm pretty sure he won't teach you everything you need to know in three days.I found a podcast with him last year where he explains he's been investing for ten years and has an empire worth $85 million.

I even had a lender tell me today that isn't true, but after more research and finding a lender who does a TON of VA loans and is super knowledgeable on the subject, I learned it is possible!

With such a huge variation in price we are wanting to find out the most accurate way to determine the true price.