A colleague recently closed on a 12-unit property in San Antonio and shared that a 6.8% cap rate, combined with lower property taxes, made it a no-brainer.

If you come to the conclusion that you need to focus on your primary earning job but want to start investing in real estate then maybe a turnkey option would be best.

Potential solutions include federally backed loans with lower rates or tax incentives to help offset the cost of a new mortgage, encouraging these homeowners to sell to new owner-occupants.

There are so many options for LVP now, from lower priced to higher.

Since the previous owner is getting most of the proceeds does the closing attorney issue him a 1099S and then issue my company one for a much lower amount?

and 5 years is a long window for things to change in ways we don't expect (lower interest rates maybe??).

Certainly more options because you are no longer limited by imaginary boundaries of traffic and time.

It is often much lower than rent O meter because rent O meter is pulling data from the advertised price, not the rented price.

Our strongest case is that our bank appraisal says it should be much lower.

If I wasn't able to get the cash together, using a private lender would've been a good option.