.: A) I had to fact check this after your last statement about the CA population declining ended up being false due to only accounting for our-migration and not including immigration,B) The actual estimate is that less than 25% of the nations homeless people live in California, not 51%.A) Immigration by foreign individuals is not counted (generally) because it is not a definitive marker.

Duplex appraised 380 (super ****ing low ball) brings in an estimated 3,900 a month in rents. buyer agreed and SIGNED addendum to purchase at 397,500. day of closing they dont show, tell us they didnt know what they agreed to pay over appraised value and are trying to get us to accept 386k. my agent had me lock in our month to month long term tenant to a year lease for THEIR lender and now they pull this.. they have only 5k in escrow account.. my agent wont reduce his commission from 3%-2% to help bridge the gap. suggestions?? 

Here’s how I see this unfolding:Building the Foundation: Acquiring ~50 UnitsI’m starting with a goal to purchase approximately 50 units in my local market, with the help of equity partners.

Quote from @Drew Sygit:My apologies w/my earlier post (below), I was on my phone and not laptop so it wasn't tagging.I will if I may add some additional thoughts...1) The appraisals I've seen in these markets are no where near Zillow estimates. 

Also if anyone can explain how much I should have saved to get started and a rough estimate of how many single families I should have before moving on to small apartment complexes etc.If you have read this far I greatly appreciate it, thank you so much!

There was a Levitt home that has been on the market for approximately 130 days and it might be the cheapest home I've ever seen listed by Sowae Corp. with Eric Lee as the salesperson. 

What do you estimate rent at? 

What i do know is i will convert $300k to roth at an estimated 23% fed this year.  

We estimated the ARV to be $150-160k.

You mention offering homeownership opportunities to people who have been rejected by traditional banks.Do you have an estimate, or a track record, regarding how many of these homes will not be purchased under the contract and the borrower defaults and the home will revert to you to resell?