You'll get mom and pops that still think it's 4% or 5% regardless of deal size, but that's a lot more rare these days.

Put that cash flow towards reserves.I recommend keeping hefty reserves (3-6 months worth) for mortgage payments, repairs/maintenance, CapEx, etc.Things pop up with rentals.

We purchase it with seller financing and we built a caretaker’s house and popped the top adding an additional story to the house.

There are still some abbreviations that pop up that I’m not sure about,  but I don’t wanna ask since the assumption is I should’ve known what it was.

There are networking breaks, and timebefore-and-after the meeting to converse.Google either of those to find out more details.There are other pop-up and recurring meet ups, butthese are my go-to's to get you started.

(approx. pop is 100k people).

We certainly have maintenance issues popping up here and there, however when and what issues are not predictable.

Conversely, if I'm only seeing properties fail the 1% rule in a given area, it's probably a good signal to look elsewhere unless a particularly good deal pops up. 

They might work for smaller mom-and-pop units (2-8 units), but not for anything larger.Most owners of larger, more established multi-family properties don’t fall into the category of distressed landlords that off-market strategies usually target.

It's tough when unexpected costs pop up, but those experiences definitely make us sharper for the next deal.Switching gears from renting to selling was a smart move given the circumstances.