But the house hack method of, putting down a small amount, living there for a year, then moving to another property and repeating the process, doesn’t work in this area with only 3% down.There are some properties, some rare gems, that break the mold and offer great returns for less than 20% down but they are few and far between.

It is hard to find the gems in certain neighborhoods.  

I love finding hidden gems that end up working for my clients.

Hopefully others will continue to share their gems for all to use.

I think a book is a good read if I can pull just one gem of an idea from a book.I thought a good thread would be for people to tell us their "gems" that they gathered from their favorite books.

@Giovanny Alfonso Thank you so much!

Here's a ton on info, they're back up to 4% now avg across the bay area...https://www.paragon-re.com/trend/bay-area-apartmen...But here's a older article about them getting down to 2.7% lolhttp://journal.firsttuesday.us/california-has-the-...or this gem lol https://www.bisnow.com/san-francisco/news/multifamily/nob-hill-multifamily-breaks-record-low-cap-rate-44653

We are focusing on the South Florida market (Dade, Broward and Palm Beach), trying to find that gem in our backyard.

You will also gain about 5.7% annual return from principal pay down, but you will not realize this profit until you exit the property.If there is potential for value add and room for rent increase, this could be a gem.

This site is a true gem.