Gradually transition to larger, higher-end projects as you gain confidence and expertise, balancing risk and reward.

Some agents even specialize in foreclosure properties.In some cases, banks may prefer to facilitate short sales if they believe it will result in a higher selling price than foreclosure.

If your payment is $2,400/month on a $1.43m value, you should not sell it right now to then buy into a much higher rate.

What are your guys thoughts, put a higher down payment?

Right now the demand from tenants is concentrated at the higher end of the market, but I agree eventually it'll be fairly ubiquitous.

Assuming you are sticking to code and getting all the necessary permits, your costs could be higher than you anticipate. 

And it's not level all around the room, in some places it's a quarter of an inch higher than the concrete, other places it's almost a full inch.

We do not invest in Syndications, not good or bad, we do our own investments with higher 250% to 400% COC returns in 2 years.But we have the same considerations, when making our investments.

It was very difficult for us to find a bank to refinance the deal and also difficult for us to procure a buyer for the condos we didn't want.The cap rates typically traded higher than a simple ownership interest. 

Higher cap rate ~ higher perceived risk ~ lower predictability of cash flowLower cap rate ~ lower perceived risk ~ higher predictability of cash flow @Jaycee Greene what would be or is considered a good cap rate?