Okay that seems like good news for making a BRRRR work in my market since I was looking to spend something like 45-75 on rehabs for these smaller sized homes. 

@Brandon Dixon starting out by passively investing in apartment syndications is a great approach, especially if you have a full-time job.

I suppose something more turn-key could be a good option, but haven't come across many viable options there yet.Anyways, we still have a lot more to learn and still need to familiarize ourselves with the area/market, but just wanted to pop in to say hi! 

I would think you should approach some local banks and see how they will handle your situation.

Beyond that, real estate is largely local; in my market we are not seeing anywhere near those numbers.

You picked a great community to join.. have you checked out local comps to gauge the market vibe yet?

They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.

@Nichole StohlerI find using a SDIRA to be a great tool for passive investments and growing your retirement with less stress than the stock market roller coaster. 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

If you’re in a market where you have to spend money on roofs, or exterior paint that’s ctainly you can save up for.