I want as many cash flowing units as possible on that sweet sweet 30 yr fixed sub 5% debt.

My wife is also a high income earner--she works in the hospitality and wine space.

Now its not all Wine and Roses, the GFC took a huge bit out of our personal wealth etc and I would say 90% of all PML or HML that were up and running then went out of business.

Hi Kelly,I'll try to be short and sweet here but your comment is confusing.Not sure if you are story telling or writing to yourself or?

for sure not a beginner limited capital play.. but if you have 500k to 1 a mil liquid not a bad way to go about it.. or havea 20 year plan to add one every couple of years.. be pretty sweet to own 10 to 20 of these free and clear 20 years down the line.. that would be REAL cash flow.

I'd focus on 150,000 sq ft and up deals so you get the densities you need. we just proposed 84 units on a lot that is 4500 square feet in Columbus Ohio with reduction in parking from 111 cars to 0 and we will lease off site parking. shift parking off site to save money on garages or push it into public garages. if the numbers work build structured parking which most the time they do it just depends on the deal size. if you want to sell to institutional investors you need at least 100 units in my opinion but the sweet spot is like 150+. in downtown columbus our market you can get about downtown unlimited height land for 1.5 million an acre.

I am curious though, if these deals are as sweet as they sound...I’m also curious to hear about the complications of owning/investing overseas?

Based on today's date, I want to see a sweet spot of a Late May booking for the 4th of July.

I personally think there is a sweet spot of deals in the $2m - 8 or 9 mil range where institutional people shy away as it's not big enough and it weeds out a lot of other smaller investors. 

There are just too many variables to consider.So, just make sure your calls are short and sweet: Get the high-level facts and then wrap it up!