I have referred a loan out of state based on NOI, cap rate at purchase, room for increase income and purchase price vs market value.Maybe I didn’t articulate the intent of the post as clearly as I hopedFor anyone who has bought multi family out of state, “what are gives you the warm and fuzzies about a deal”:Obviously not cap rate, but maybe vacancy rate,  Cash on Cash ,GRM, IRR, Unlevered free cash flow, Cities over 250k?

So if prop 33 passes it will be possible to cap rent increases from one tenant to the next.A recipe for blight.  

I’ve had people who signed up for 6 months and stayed 5+ years, paying increasing rental rates.

I just can't accept such a constant ever increasing loss, even if I can afford it. 

Identify the need that you can deliver on.Grow: you, your income and opportunities will increase as you continue to do the above.Biggerpocket podcast is a good launch point.

The shorter the prepayment term has an impact on increasing the rate.4.

If you acquire one new property each year, you could significantly increase your wealth and potentially position yourself to qualify for larger investments, like apartment buildings or construction loans, within 10 years.I’ve worked with clients who have successfully implemented this strategy, and it has proven to be an effective path to building long-term financial freedom through real estate.Good luck with your decision!

Depreciation recapture applies at ordinary income rates capped at 25%, increasing your tax liability.

Much of it based on defense spending that will likely increase as assets are moved from Colorado to Alabama to include the Space Command HQ.

You may get one more year from them with a $75 increase but that's about all.