Thats not my model and homes at that price point havent penciled out for me but im very much doing BRRR in my market with properties that do pencil. we add ~50k-60k of equity per BRRR on properties around 200-230k ARV  You can definitely create equity in D.C. though the 200k listed above is highly unlikely, the biggest issue is at those price points you are deep in the red cash flow wise after refinancing. 

With your point, it seems like living security of 'where's next' for them will be the biggest obstacle for the seller to overcome.

As someone just starting to explore syndications, I’m curious: what’s been your biggest challenge in managing diverse investor expectations, and how did you overcome it?

If not I will consistently update here to create the biggest outreach I can considering my age!!! 

It is never good to be the biggest or most expensive house in a neighborhood.

The biggest devastating factor I would say is tornados. 

They're the ones that have taken the biggest hit. 

That is probably the biggest difference overall along with the 30 year loan term here being most common. 

One of the biggest benefits we can offer over a hotel or large apt buildings. 

I think you see on BP the biggest heartache investors have with their GP is lack of communications.