However, 2024’s holiday season was impacted by other compounding factors, making the usual seasonal dip more pronounced.2.

As others have said, the location is a big factor in MTRs, but so is the clientele you are going after.

Until you build trust with a team or contact you should view every property esp a MF that is a larger investment.

That 95% makes sense as an appreciation return, but for true CoC, you’d need rent income factored in.

I want to build my wealth, gain experience, help people along the way and then maybe help people in foreclosures or something.

these investors were all chasing easy OOS cash flow:https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/48/topics/1137397-balti...https://www.biggerpockets.com/forums/52/topics/1010977-12-00...if you're serious on investing in an OOS market i'd pick one, get to know it, go to it in person, and build a team, and then determine what would you need to do to get a good return in that market. 

What nice though with that is you build equity quicker.So just adding my experiences with the commercial side, from an owners point of view.Good luck!

The chlorine goes into the water and the sodium builds up on the titanium plates which is why the cartridge eventually has to be replaced.These systems don’t actually measure how much chlorine is in the water or how much is needed.  

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

Glad you're building your business while still active duty, that's a powerful move!