I like having the bigger cash reserves in case I didn't analyze the deal as well as I could have (or as well as I will be doing after I have several more under my belt). 

They read  twisted news story and know nothing about the retail space because they do multifamily or SFR.If people are not an expert on the space then they should not paint broad brushstrokes of an industry based on a sound bite they heard.Of course some cold belt states with net migration moving away and overbuilding will have long vacancies but those properties should not have been built in the first place. 

After a couple of flips are under my belt and some cash built up, use the BRRRR method to begin building cash flow and credit.4.

Cheap units don't have ecm blower motors and two stage gas gas valves. most of the big names also own other cheaper brands that are similar but with less bells and whistles. 

I have one deal under my belt.

Don't invest in the rust belt or a dying part of America as that is where CA equity goes to die. 

I want my black belt in real estate, and I think BRRRRing is the way to get it the fastest.   

When hard times come, luxury tenants are likely to tighten their belts and move to lower cost properties.

I have a few investment properties under my belt (converting primary residences into rentals), but am now looking into scaling up and doing my first partnership on a buy and hold condo, and looking for some advice on how to the structure the deal, especially from an equity/profit share perspective.  

Working on purchasing one currently that I plan to fund using the VA loan but I know that by the beginning of next year I'd like to get at least one more under my belt if not 2.