@Joseph BaenaRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.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 Class A property in Class D area, what quality of tenant will you get?

The new homes will be mostly built in the burbs, and I expect as we move forward outside of many city limits or in smaller cities where the builders can control the narrative with less regulations, less inspections, less red tape, lower requirements.Due to the number of people moving though, we'll see some urban infill as well I expect. 

I don't have an official estimate but the lender is saying to expect 7.25% maximum, but more likely more like 6.8-7%

With 3 deals or more you can typically expect 10-15% down depending on the rehab size and complexity.

No opening date is set, but the BLVD is expected to debut in early 2025, with the restaurant taking up to nine months to complete.

Credit Score:For 10% down, lenders usually expect a credit score of at least 720 or higher.

If you found a replacement tenant that he found suitable and moved them in before you entered in any unpaid portion of your lease, I would expect you to receive a full refund of the security deposit.I would check with the state laws and see how much you can sue him for in small claims court.

Etc. 3) Lay out expectations and responsibilities very clearly and in writing from the beginning.

I expect the percentage will start to shift lower in the next few years.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!