We are lucky to earn a 9-10% cap on our outlay.The turnkey company then manages the property and gets paid the management fee and all the extra fees associated with the management, such as turnovers and lease-ups, repairs, and sometimes sales costs.

My suggestion is to find some real estate industry surveys (via CBRE or others) and look for the MF cap rates in various cities/states/regions.

When evaluating markets for rental properties, there are a lot of factors to consider: population growth, employment rates, rent to price ratio/GRM/Cap Rate, rent trends, vacancy rates, etc. 

Safe to say that many punters who invested in low cap rate syndication deals, especially during the peak of the hype, are getting schlonged right now. 

Hey @Tom Dieringer, so the Expedia Group has a market cap of 21+ billion so I wouldn't worry too much about them.

Additionally, Fannie Mae and Freddie Mac will sometimes temporarily suspend the income cap on their HomeReady and HomePossible programs, which allow purchases with 3% down.

You get a Capitalization Rate (CAP Rate), which equals your annualized return by dividing the Net Operating Income (you had gross in your narrative) by the purchase price.

LC already had a tight inventory due to an instituted CAP.

I'm scared of how much my insurance will go up after the LA fires but there is a cap with CA regulations and also being dropped. 

Key points include:Security Deposits: In Indiana, there’s no legal cap on security deposits, but you must return the deposit (minus any valid deductions) within 45 days of the tenant vacating the property.Evictions: Follow the formal process carefully.