Obviously it varies depending on the property - but I’ve read that it’s best to stay under 550k for a 2/2 with a view - otherwise margins get pretty slim.

@Trevor BakerI happened to jump on BP and saw this post, so I looked up the property and here is the update:It was listed for $449k on 9/28/2017, closed for $461k on 10/27/2017 and was rehabbed and is now back on MLS, pending, with a list price of $585k, after 16 DOMSeems like pretty slim margins, for too much risk  IMO

My budget is pretty slim so I'm not able to send out as much as need to.

I’ve looked into other management companies but it is a relatively small town and slim pickings as far as management companies go.  

i dont want to wait 2 years to pull equity out of my house but with my salary now and my primary note, i think my chances of getting approved are slim....any help?

We are still keeping our eyes open for stuff but its slim pickin's in our area for the time being.

I try to be optimistic when I calculate return on investment, and even if I go against NACA's rules that you have to live in the building (in other words I would rent out all three units) I am having trouble getting the numbers to be positive or even break even every month.For a NACA mortgage to work, you have to have an incredible confluence of low purchase price, minimal repairs, high rents, and a willing seller...in other words, we have a slim chance in California...the good deals get bought up in cash within days of hitting the mls.Don't get depressed, and keep looking though...where else can you buy property with no money down?

I'm understanding that the current institutional market is pretty slim.....that's because it's pretty well controlled and manipulated by the time it gets to the street.

The blue pill or the red pill...she took the blue pill and decided to do it herself.You can attract your Morpheus.

The margins are slim but still positive, but the reason I purchased the house is due to property values rising a significant amount in two years (dam issue on lake, currently extremely low, coming back up in 2022 after repairs).