(All my deal experience is deal-specific, not blind pools.)

For this area, there are some with moderate condo fees ($50-$200/month) that cover garbage, water, landscaping, pool/tennis courts (if there is one).

Big SoCal sunny winter Welcome to BiggerPockets @David Frol!

The problem is that when the herd of speculative buyers turn into mass sellers - there will not be a large enough pool of qualified buyers to absorb the inventory which will lead to a sharp reversion in prices.

For single-purchase raises for a specific asset it seem that best from the perspective of the promoter would be defined as:Least transaction costs and friction for presenting deal to investorsBroadest possible audienceLowest cost of capitalAdequate protection from lawsuits or legal risk both at the time of subscription and on a go-forward basisHighest likelihood of finding or maintaining relationships with investors for the longest period of time possible The motivation for a blind pool would be largely the same, but one would place more emphasis on the ability to forge long-lasting relationships with investors so they'll continue to invest in future placements or deals in general.

If I ran across a $200k house that was a steal, I would never consider that for rental, but I would for a flip, same with a house with a pool, I have one house with a pool and have great tenants that take care of it, if they ever move I will probable sell itIt also has a great deal to do with time, if you are working full time and investing in RE, flips take a lot of time, rentals not so much.

Hello from Sunny San Diego, California.Originally, from the East Coast, we now call San Diego home.We live in the Southbay area known as Eastlake, a part of the city of Chula Vista, CA.Joined BP awhile ago and saw value when it was just beginning, but when I heard the podcast, I saw how much I was missing and jumped right in.I'm a part-time Reserve Military Pilot and just getting my business off the ground.

My question is:If for example you build a large subdivision and have plans to build an enclosed rec center (with maybe a bball courts, pool, banquet room, etc..).

As solid team of 5 new kids to keep each other motivated, we can consult each other and pool experiance, knowledge, and maybe resources.

They also bought newer properties(often because they lived there before) and don't have a large sample pool of properties so they haven't had any major expenses in 5 years.