The recent slow roof leak into the top floor apartment was after a major rainfall.

(I'm based in Houston, TX).

It's wildThat is wild, especially in the Midwest.I haven't owned a SF rental in several years, so my current experience is in the apartment space.

Zillow - for sale by owner (all single family on Zillow), Apartments for Rent by owner (usually small duplex or four plexes - call the landlord and ask if they are thinking about selling. 

I have been wholesaling virtually In houston.

Just needed to blow some steam off in the group.All 7 of my accepted offers have fallen apart at the inspection phase.Each time we find an expensive problem in the inspection and the seller is not willing to make concessions.$3K spent on inspections with no house to my name yet. 

As others have said, you need to look at the whole picture.Somebody buying an oceanfront property in Laguna Beach might be happy with a 2% cash-on-cash return, because they are banking on appreciation.Then somebody buying a 12 unit apartment complex in Cleveland might not do the deal unless they are getting a 15% cash-on-cash return because they are going to see very little appreciation and will need to deal with headache after headache.If just evaluating the cash flow, a cash-on-cash return of 10%+ is right to me.

I'm excited to be a part of the community and look forward to connecting with everyone.

Tell me what you use, why you use it, the scale or size of your operation and what’s the most important feature that this CRM has that sets it apart from the competition?

The deal fell apart, and not only did we lose the $5,000 assignment fee, but we also lost the $5,000 we had loaned to the sellers, who admitted they knew about the second loan but never disclosed it to us.When we asked the sellers to return the money, they told us it was already spent on Christmas presents and moving expenses, with no intention of repaying us.This experience was a painful wake-up call.