Richmond is a growing market with strong tenant demand from young professionals, families, and college students, depending on the neighborhood.

.- In some markets, that are growing quickly, with great jobs and lots of inbound migration, this could be a little higher - like 4-5% per year over long time periods as demand outpaces supply.

Be interesting to see the inner workings of the deal and how it was underwritten.The big question in life, not to be or not to be, not nature vs nurture, no, what is the difference between a HML and a PML? 

I think demand will continue to grow as the area settles into its next life as more of a year round destination.  

By nature a business is all about cash flow, equity is second.

These were people who showed a genuine interest in learning and growing the business.

Human nature I guess..

I look forward to helping others achieve their real estate dreams while continuing to grow as an investor myself.Eric Welcome back to BP Eric and congrats on your growth!

Like you said, you don't want to grow super fast so take your time and watch the mortgage markets.

But from what I've observed (and I'm sure you've seen too), only a few new investors, who are more analytical in nature, do this.One of the issues that I've seen again and again is new investors putting together a "spreadsheet" based on their limited understanding, that produces inaccurate or misleading numbers.