And most people don't understand that S8 rents can change, usually on an annual basis as tenants are reassessed.How bad can it change?

My cost to build a 900 sf to 1,200 sf container home is about $90 / sf and that cost comes down in a production environment where materials can be purchased in quantities and the workforce is working on a standard floorplan with multiple units in process simultaneously.

Quote from @Peter Mckernan:Thank you Peter - I certainly understand the difference, and I'm seeing the same in my area as well.

I see so many people who don't understand what they are bidding on.They don't do the research, they don't drive by to see that the Google st view is not accurate and they put down a bunch of cash on a bad property. 

If not, it is harder for the underwriters to understand. 

@Joy McQuearyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

If you are new to this particular strategy, you might be confused, but this is just a simple strategy that you need to understand and be aware of, most particularly if you are an investor or a shareholder.

The book is useful for understanding how to structure deals, assess risks, and think like a lender, rather than just an investor.Pair this with engaging in forums like this one and attending local meetups to put what you learn into practice.

Also, fly out to visit the market, tour properties, and understand the local landscape before committing.Indianapolis offers a mix of opportunities for cash flow and appreciation, so defining your investment goals is key.

If an agent brings a client and buys the wholesale deal, their standard contract is the second contract that the original contract is being assigned to.