Determine your maximum allowable offer (MAO) based on your investment criteria.

Hi all! Excited to join the BP community.
About myself - I am a principal of a RE development company and co-founder of an proptech company. 
On the RE side - I own/developed 2,000 residential units across the Unite...

Is this ultimately a land play? 

One thing to remember is the flipper will have $30k- $40k in financing during flip and closing costs to buy the home then another $25k when they selll so that will play into the numbers that need to be considered. 

Looking for a long term play with rent stability more than making huge cash flow.

Compounding on one another sure that will have a big impact on the market but there are a lot of factors at play.

Based on what you shared you are not financially qualified to own real estate.

That also plays a major role in what to do. end of day stocks and real estate over time provide the same return on average - so it is really based on the individual, their experience and desire Thank you. 

@Chris Seveney @Marcos A Miranda - you guys are playing with fire - https://www.biggerpockets.com/search?

We want to buy an arcade machine for our STR that plays a bunch of different games.