Saylor compares it to Manhattan real estate.

So far I have gone to the Small Business Development center here in Manhattan Kansas and I felt that was a waste of time because the gentleman there didn't take me serious.

Intro: Currently living in NY and working in sales for the SaaS world in the East Village of Manhattan.

I follow macro trends and noticed that in the last few months, the Bay Area, Manhattan, Vancouver and other high price areas are starting to soften significantly but there are still deals to be had in other parts of the country.

Here is what I am looking for in terms of criteria:- Under $900k- My own space (whether that is MF, an ADU, finished basement, etc)- 1.5 hour MAX commute to Manhattan- B- to B+ areasI am mainly just looking to make a dent in my housing expense and I understand that positive cashflow is pretty unlikely.

If you look at the large vibrant cities, this is a common problem- Manhattan's median apartment price is about $1,200,000, and the median rental rate is about $50k/yr(culled from various sources.)

We bought a 3rd one in all cash deal in September 2019 before Covid and definitely expecting to cash flow less in 2020 than originally modeled.On a larger scale, a friend in manhattan real estate met with a few bankers and tern sheets for hotels are being pulled, no financing.

I know some guys in Manhattan Corp RE if that's where your looking.

We have one property in Manhattan that many have been eyeing since I've owned it sine the mid-70's. 

during the "boom" times but COVID has loosened everything up and now 5% can be had in Manhattan, 6%-7% in Brooklyn and even 8% in the Bronx.