Our local REIA is hosting our next meetup on January 9th and we are bringing in legal experts to help investors better understand the implications of Good Cause Eviction.Here's the link to register for your seat:https://www.ffreia.com/Events.aspx?

I always plan to have 6 months of holding costs available, for after I finish the flip, just in case I missed the market.If a lot of houses are sitting on the market for a long time, (can't sell) I'd definitely avoid it. 

Memphis is definitely worth a closer look.

I live between Somerset and Middlesex counties, so I’ve definitely noticed how tight the inventory can be.

My life has definitely changed over this.

Said it great .Especially  A legal contractor has more to lose than a homeowner .

I spent an extensive time researching companies before getting in to multi family and BAM is definitely at the top of our list.  

@Levi Perl There are definitely a lot of factors at play here, especially considering the time of year.

I ended up spending some extra time making the finished basement legal (add insulation and egress).   

If not, then you really need a strong legal structure stating how these properties will be governed going forward, including management, tenant selection, capital expenses, etc.