Hi All -  update from the field.Mortgage interest rates for UAH loans are just now starting to edge down, but they are still mid-to-high teens.

I'm assuming this is apartment syndication type money in the mid-teens on a 3-7-year horizon.  

The interest rate on my first mortgage was in the high teens, we survived and the property today is long paid off and worth more than double its original purchase price.The U.S.A. and Canada have experience cheap money over the past decade which has contributed to an increase in real estate prices:  So what if you pay an extra 40K to get that duplex, the interest rate is only 2.5% (up here anyway) ... it's only another $180/month.There are a lot of folks who have been buying property with the implied premise that the Prime rate would remain below 4% when the historical norm has been somewhat higher.  

And our teens are actively doing Running Start.  

He' 4 yo now), get him trained on basic carpentry/construction and property mgmt. as a teen and eventually investing.

The city that we live in needs something new, something big, something to bring the family's all together along with providing motivation for teens and young adults to get out and be active.

Returns in high teens to twenties.

My clients are consistently seeing annual returns ion the mid-teens.

Sounds like something someone with "teen brain" (age 15-25) might do.

Cleveland area still have a great rent to price ratio making (real) cap rates in the teens a reality without investing in higher risk areas.