But overall these would be finance/accounting related with an emphasis on understanding the fundamentals.

Low income pretty much means students and families starting out.So I have been searching, and found what I believe to be a really nice fourplex, with good fundamentals.

Both technical analysis and fundamental analysis can yield good results but a combination called "Quantitative Analysis" is the approach I prefer and can prove to be a good middle path.

I agree with your fundamental analysis.

@Bay Home I have one fundamental issue with the concept.

It looks bleak for you in that scenario....All I see is fuzzy math. 2 loans for twice the appraisal value of the property= someone will get screwed.People transfer properties into LLCs at times, but the fundamental idea is that it remains in control of the person via the LLC structure.

If you don't have any other resources behind you, like another 30k sitting in cash, I would NOT buy real estate, and would recommend that you don't buy it either.With that said, if I had 20k cash sitting around, I'd buy a smaller house, financed, in a city with good fundamentals.

So aside from just this project's fundamentals, my secondary goal is to gain experience with syndication, fundraising, and learning firsthand about the development process.I am interested to hear from developers who have any insights into this and especially developers in markets similar to mine that don't have great cash flows but have high demand and potential for good appreciation.

The fundamentals of real estate investing don't change - no matter what happens in the market.

To many unknown fundamentals, and too large a project (risk) to apply a valuation based on unsupported or claimed numbers.