He has been through about 4 cycles he said and he said each time for commercial multifamily was the leading drive on the rebound.If you look at cycles they all have similarities and some differences.Recognizing these patterns leads to the best portfolio and the best returns versus risk.What Rich said holds true in that you avoid the herd mentality.People that do not invest prudently do good with some properties and then the others bring them down to a negative to flat position for years before you can recover.Some of these syndicated pools of investors look at the big project as a smaller risk.That is fine if the gamble is made based on the funds entered is only a small percentage of their total worth.Example if the have 2 million liquid and want to spend 100k for an interest in a property that could throw off very high returns than they are still safe versus their overall portfolio.I can tell you that buyers think "I am buying so low there is NO WAY I can lose on this!".

If you want to gamble try sports betting.

I know the zillow estimate for it is 42k, is that accurate at all?

Some of what has been said is quite accurate.

I have tried looking at it a few ways and wanted to know what people thought was the most accurate way of looking at it.1) View the new property as 100% financed.

Deduct out the expenses, I use 40% ($320), I am left with $250.67 / month cash flow which equates to 18.8% return on the $16K down.Of course, these numbers are never 100% accurate.

Some of you have undoubtedly done this before, and I have not.I can pretty easily create an accurate estimate of all involved costs to build the unit.

@Jordan Schlick: You should let them know that 25 business days is the longest they have to process a transfer request as per the banking regulations (assuming that the documentation is accurate).

It might be more accurate to talk about estate properties or inherited properties.

I've heard other investors say they think there is a difference in counties when it comes to the tenant paid portion, and that isn't quite accurate.