In addition to all other posts, I would suggest you leverage the benefits of a 1031 exchange when acquiring the desired real estate.

From my experience, properties in Flood Zone A aren't always dealbreakers, especially when they're in desirable locations like lakefronts.

Even though interest rates and terms won't be as desirable as conventional, you'll have an easier time getting pre-approved.

Quote from @Scott Scialabba: Quote from @Corby Goade: Lots of things to consider here; generally speaking, the higher the ROI, they less desirable the properties are.

So you are putting in various inputs/assumptions, like gross revenue (total sales prices of homes) less soft costs, hard costs, city fees, desired profit margin (i.e. 15% of gross revenue) = residual value (what the land is worth).

If you’re running a MTR more like a STR, then you can decide to charge the full boat as agreed or, if you desire (possibly to obtain a good review) find a substitute renter for the period in question and credit the original renter.If, like me you operate a MTR more like a LTR just for a shorter period of time, you probably use a specific rental form provided by either the state real estate commission of the local NAR affiliate.  

Commercial MF decline is already impacting, in my market, non-commercial MF.  5) not everyone has the ability, desire and/or time for active investments. 6) syndications provide easy means to diversify   This includes geographical, asset class, and value add.  

People think it's inexpensive to install a Washer & Dryer, but getting the gas, electrical, water, and drain/vent there is usually quite expensive.Here in Chicago, we always want to be at the top of the market regardless of the competition, so we almost always install a W/D when we renovate our properties, even in some of the less desirable neighborhoods.

I just put two long-term rental properties on the market that we rehabbed in desirable area of West End Boise and demand is a little lower than expected.

Because if he makes this loan with no desire to buy the building he doesn’t deserve to lose his money but he should expect to.