These are what we call "A-class" markets—areas with strong fundamentals, high demand, and typically excellent long-term appreciation.

If you use it as several down payments and use leverage you could be off to the races with many more Class B or C units that will still cash flow for you.

Yes I am complaining but I am in the boat of I do not see it worse than before, it has changed an AI has it being so obvious and I saw an AI post the other day from someone who has an excellent reputation and had a good amount of responses and left it, but I know it was AI based on the structure. 

I find new lending opportunities by networking at local RE Meetups, Training Classes and real estate functions.   

I would say maybe Class C if I could label it such. 

Unless you're in a Class A Neighborhood like Palmer Woods, Indian Village, Sherwood, etc,. the additional rent probably won't support the cost to build:(More profitable to take the build funds and buy another property.DM us if you'd like to discuss more...

Now this property is in a class C neighborhood with a calculated 11% cap rate estimated.

.- Background: Took some real estate classes before but really a lot of self learning on creative financing - Current Goal:To close my first wholesale deal within the next few months by learning from seasoned investors and applying proven strategies.I'm here to absorb as much knowledge as possible, so if you have any tips or resources, I’m all ears!

I’m in the same boat.

Your property is fairly destruction proof, costs near nothing to maintain, yet you can charge above market rents.If your property is nicer (class B) where the carpet alone might be $6k or more to replace when the tenant spills hair dye everywhere, you won't be as happy as in the situation above.