I am a Verifiable accredited investor/Cash buyer looking for distressed/discounted multi-family (2-4 primarily but will consider commercial 5 units +) properties for mid to long term buy & hold in & near Union County, NJ (Linden, Rahway, Elizabeth, Roselle Park, Roselle) Middlesex County (Woodbridge, Avenel, Carteret, Colonia.)Also I'm looking for a Manhattan studio/1 bed condo/condop/coop-investor friendly unit that permits immediate & unlimited sublets & that can cashflow.

Fuel oil is not especially volatile, but it stinks and if it does ignite, the conflagration will be formidable.

As far as your nephew and his girlfriend goes, i think living in Kaimuki and Makiki are more ideal for mid 20’s age.

I know MTN stands for mid term notes.

In all honesty, you're likely not finding anything within a quick commute to NY, a hip area for mid 20s, safe and under $200,000 all in.

If you look at the numbers for mid-late March of 2018 & 2019, we see a similar pattern to what is developing in 2020.

And you can buy several of these properties with the profits from one condo in a hot California market.Luxury markets like the Upper East Side of Milwaukee had a median price of $350,000, a price well below the price tag for mid-market home in hot real estate markets.Another added note: A recent law passed will protect the right of home owners to rent out their homes on AirBnB and other rental sites.David the Market in Metropolitan Milwaukee is hot!

Large insurance companies, endowment funds, etc. are probably looking for mid single digit consistent yields, as well as a safe place to park capital.

The 70% ARV rule is good for mid-lower markets, but in Hawaii where prices can easily eclipse 600k, it could mean walking away from good deals, so adjust it accordingly.

For instance a few years ago I had house flip in Northeast LA that I purchased off the MLS for mid 3s and resold in high 5s, which was my largest margin SFR flip to date.