And with the advent of the internet and sites like BP and the Real Estate education sector (guru's)  and Reality TV shows on flipping and foreclosures and everything in between... there are many more being introduced to the industry..

They may even have an online option at this point.You can always create one just for the closing and then create a new one that is attorney reviewed at your leisure.

The other concern for me, historically low cap rates means buying high and selling low, say 10 years from now.Seems cap rates have fluctuated around 2% over the last 30 years, not a whole lot, but buy @5 cap and sell @ 7cap and you just gave away a ton of "cash flow"Anyone else see a correlation,... the housing boom was caused by cheap money(loans to anyone who could fog a mirror)The multi boom also supported by cheap money (artificially low interest rates) and the lack of returns in all other sectors. 

This sector should aim for over 90% occupancy rate, if not 100% in the this area.

I wonder if this is in addition to over supply, just a misallcation of supply, for instance in D.C. they built a ton of multi family over the last decade and a lot came on line just as people were leaving the city, rents is city proper are down, however the outmigration the our burbs where very little supply has been built in the last decade, has had frankly much higher rent growth than I was expecting even in the multi family sector.

It will be interesting to see how the hedge funds continue to react as there are fewer and fewer pension funds out there in the private sector.

But  the landscape is turning more LLC friendly in the lending spectrum - particularly in the portfolio lending sector.  

I started in the the Tourism sector here.

What if I spend six days total, two travel days, working on one rental one day and the other rental one day, and one day of leisure?

Fun facts to watch and worth noting growth is happening in every sector around Austin.