We started in real estate a couple of years ago and due to our inexperience we decided on an ultra conservative strategy in the form of all cash purchases.

My deal only cash flowed 14%, but there's some guy in another post that's boasting about his 64% cash on cash return.  

This is going to be another one of those ultra basic questions, but one that´s been increasingly coming to mind (and I´ve yet to really get a conclusive answer).When it comes to making offers, how low do you go?

Now it boasts one of the highest teen pregnancy rates in the state and a huge portion of the population lives at or below the poverty line (not going to quote stats here--look them up).

However, you may need to get your hands dirty, and you won't be able to boast to your buddies that you own 11 units.

Just being ultra conservative here.

(In general, obviously not in an ultra declinging market like some dying cities).Time is the greatest ally of the long term buy and hold real estate investor.

I'm basically wanting to remain ultra conservative by staying with apartment buildings.

My ideal client is high net worth to ultra high net worth investors that are individuals (no syndicates).I like dealing with parties that on their own have the ability to purchase without all of these other layers falling perfectly into place.Not saying I occasionally do not work with a syndicate but they are experienced and have a track record.

I was once an equity research analyst and so there was a time I believed unfailingly in the superiority of stock investments, and then through meeting ultra-wealthy investors as an advisor came to see that many held a LOT of real estate and had done extremely well, which eventually led to something of a conversion on the matter.