If it's a good asset(meaning primarily good location), you eat the 5.3% cap no problem you own the physical asset.

@Jonathan Greene this was great info, much appreciated.

Quote from @Kevin Green: Buffalo, New York, has once again been named the nation’s hottest housing market for 2025, marking the first time a city has held this title in consecutive years.

Appreciate the tag @Jonathan Greene!

Quote from @Jonathan Greene: To be successful in Miami, you would need to have some serious capital to compete with the groundswell of experienced investors and developers.

Hi Martti,I happen to be someone that lives, eats and breathes in this area of Real Estate investing every day in Detroit MI. 

Quote from @Jaycee Greene: Quote from @Greg P.: Hi BP community!

He alsotestified that the kitchen was not used for eating or cooking, but he introducedphotographs showing pots and pans on the stove..." 

@Jaycee Greene I agree.

I’ve never actually been legally owed money before so I was green on how to handle things while trying to be understanding and respecting other lifestyles and career choices.