The answer is you have to really enjoy what you do as the long days won't be work you can't bare to do.

That’s the best chance we have at potentially recovering from this.

Luckily, I didn’t give my real last name, and I actually live and work in Southern California so there’s little chance this will be linked to me or my case.

Obvious, but maybe the least reliable as it is somewhat by chance.

Most owners over value their property, and particularly if you are looking at off-market deals, that seller is not even motivated enough to list their property, so the chances of you getting a "deal" are very low.  3. 2-4 families don't trade on cap rate.4.

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

The chances of this situation happening are not high but it does happen.

Because, if you are a “regular” person meaning don’t make 5M a year W2 / legit bussiness which shows on tax returns, you can’t qualify for 20M loanAlso it mean, that people who buy 20M condo, chances are they have 100M-200M cash sitting and not doing anything.Return of equity is 0, as it also the cash sitting in a bank.Debt is cheap now days: 4-5%, but if you have “unlimited cash”, then not need to pay 4-5%As far as max cash flow and minimum risk - it’s something a lot of members discussed already.And last but not least - let’s not go off topic.

By any chance, do you know of any meetups or groups in the southern Tennessee area?

@Roy LoganIt sounds like you’ve made some great moves in real estate investing—your BRRR strategy is paying off with those solid returns.At the bare minimum, you should do the following to make your bookkeeping easier:Dedicate one checking account and credit card exclusively to real estate.