I think a lot of the midwest cities will capitalize on that in the coming years with the housing affordability issues the country as a whole has been having.

Sometimes, unseen issues (like major repairs) end up costing more than the discount you negotiated.Final Thoughts•If there are no major rental restrictions, and the numbers work based on rental comps, this could be a great first investment.

I found humidity to be an issue in the garden so a humidifier as well!

With your construction background, you're already in a strong position to add value to properties through renovations or identifying potential issues.

On the other side of the spectrum you have the investors posting in these forums about the contractor who walk off the job and shares how they hired them to do a SFR gut reno with updating mechanicals, new roof etc. for $45k and is wondering why they are running into issues. 

Issue is, almost every single property I underwrite seems to have pretty mediocre projected returns: ~0-4% COC, 8-15% IRR over 10 yrs, at best.

They have addressed the issue of depreciation of components, but not the actual methodology of the study.

Hitting these targets could be the key to unlocking lasting investment returns.Before diving in, developers need to complete pre-submittal steps, including issuing a "Notice of Intent."

We are a small partnership with 4-5 properties currently, but we are growing and hoping to find a reliable lending partner that we can do repeat business with.About 3 months ago, we successfully completed a BRRRR deal where we had excellent numbers, over a 1.25 ratio at 75% LTV, our guarantor partner has an 800+ credit score, and we had no issues qualifying for the loan.

But to sum up your truly relevant point, all you are really saying is that there is high default risk when you deal with people who have poor credit history or some other financial issues.