I just think you offer your own opinions and I disagree with them.

Anyone else agree/disagree?

You can examine the recorded mortgages and this is a good way to see who is financing the local projects.

I respectfully disagree.

All opinions are valuable, especially those we disagree with.

I think folks who disagree with me are missing my point.Nobody is arguing a +$2400/yr margin from a +$200/month cash flowing property is a mechanism to "get rich."

Examine Midwest markets that exhibit positive demographic and economic trends, such as varied economies, inexpensive housing, and rapid employment development.Prior to making an investment in an out-of-state market, it is imperative to establish connections with local property managers, investors, and real estate experts.

(e) While a person may examine and consider a criminal background check, credit history, or rental history in reviewing an application for rental housing, the person shall review and consider additional history in reviewing an application for rental housing, the person shall review and consider additional information provided by the rental applicant, including, but not limited to, personal references, recency and status of any evictions, and any actions taken by the rental applicant to resolve past evictions, credit challenges, or alleged damages, the recency and severity of any convictions, the violent or sexual nature of any prior convictions, the facts or circumstances surrounding criminal conduct, the age of the applicant at the time of the conduct, the age or vulnerability of the victim of the conduct, evidence that the applicant has maintained a good tenant history in the intervening time, and evidence of rehabilitation efforts, consistent with state and federal law, including, but not limited to, fair housing laws.

I would disagree that the 50% rule is just used for 10+ unit properties.

Like your build, our project is situated on a smaller parcel of land compared to other Towneplace Suites I've examined.