Also, I would look at rental rates to property values to determine if any areas are around the 1% rule.

Looking to connect with any investors, realtors, property managers, contractors, wholesalers etc from the area :) Feel free to comment or DM!

It is harder to find good information if the forum is cluttered with low value information. 

Feel free to ask me any questions—I’m happy to help!

Sometimes making a smaller profit and providing value is far better than holding out for a bigger payday on a bad deal, I like that.

If you come across a better opportunity here in AZ where if you can take your 1M and turn it in to 1.2-1.3M ( maybe a value add deal) sell the house, take the equity and use it to get a bigger return.

@Stephen PattonStarting in real estate can feel overwhelming, but breaking it down step by step is key.

Underpriced, underperforming, value add, 20 units, cash flow potential, low risk How did you find this deal and how did you negotiate it?

now if you could get a seller to be the bank I get that you could smoke and mirror those deals.. but i would think those would be picked over low value or properties in the worst areas of town etc..   

The value of the hotel is based off of how well it's being operated.My advice would be to get a job in the hotel industry.