It's like the D.A. vs the defense attorney: the defense tries to poke holes in the prosecutor's theories and if that can be done virtually at all, then the case doesn't have enough merit to send someone to jail.

I'm patterning this first deal after my other rental -- I've found neighborhoods around the area that fit my criteria with rents from 950 - 1050 on a house that I can get for ~70K... but each deal is different so I evaluate each on their own merits... and make sure it cash flows with all fixed and variable costs.

The author is somehow justifying "Bandit Sign" observations to a collapsing real estate market, that's ******** no matter how twisted you crank the numbers.There are some items in his commentary that have some merit.

"Sophisticated investors” have sufficient knowledge and experience in financial matters, are capable of evaluating the merits and risks of the particular investment, and can bear the economic risk of the substantial or total loss of the investment.The drawback of a 506(b) offering is that the offerors cannot conduct general solicitation of their fund.

Yet, this metric does have its merits.

@Chris MasonThank you Chris, i would appreciate that. i will contact you tomorrow morning and setup a time of your availability.i have another question regarding HML/PML Getting a FHA or bank loan is out of the question for me rite now. i understand the PML/HML require previous history of deals to finance the deal or they require some % of cash in the deal from our side. when i have no history of deals.do we need to be pre approved for a PML/HML or do we apply after we found a property and ran the numbers?

Or it could be that the superior quality and location of the lower-producing property simply merits the lower ROI or ROE -- which, if you analyze it, is not exactly horrible.Let's say the 1% income property chews up half its rent in expenses as many here will tell you it will.

Bith havr their merits, and both make sense to a certain extent.

I'm not saying you cant quit and be successful, but the merits of saying/showing you committed your time and financials to furthering your education says a lot about your character that certain people in the world value tremendously.

There is certainly merit to both single and multifamily investing as James indicated.