Renovated kitchen and bath along with renovation on 100 y/o hardwood floors and new roof to make this a downtown Concord gem.

Hoping someday to have the working capital to flip MF as well and when I come across a cashflow gem I'll hold it long term.

But let's assume this is a gem deal...If your DTI being 5% too high is your bottleneck, can you pay more on some loans to get it down?

I also buy vintage decor - old wooden canoes, bear rugs, fishing gear, etc.All of these things are found on Facebook Marketplace with some patience.

@Mark WalkerCap rates vary by asset class (A, B, C, D), condition, and vintage of the asset and the market, to name a few things. 

Pretty affordable market and some nice hidden gem markets

Possible gems here and there, but tax sales are no secret and there seems to be plenty of money floating around. 

There will be more competition when they inevitably come closer to 5%, so acquiring properties with assumably negotiable prices could be a massive hidden gem for you though the APR sounds scary!

There are deals off market and you have to work hard to find the gems and convince the owner to sell.

I was expecting some vintage 5 panel.