This is just markets behaving normally, Austin was my first target two years ago once I got wind of the permitting and homebuilding we saw the long coming in and whether it was 2,3 or 4 years the entry point was way in front of us.I don't know if anyone gets "use to" 7% rates without home prices behaving and/or wages responding appropriately.

I want to ensure I’m saving appropriately for a down payment and that the property will generate enough income to cover all related costs.Any insights or recommendations would be greatly appreciated.Thank you!

•There are also different important rules as well as different regulations that you need to take note as well as you need to follow if you want to obtain this 1031 exchange.

Because see, they've got a script & the software to tell them how to respond to tenants & owners, what the cost of a repair or appropriate vacancy rate should be, etc... see where this is going?

Ironically its the investors in the layered LLC's who believe they are hidden in the cloaks of secrecy and better protected who end up in  the most costly and drawn out litigation while giving the plaintiff attorneys reason to take a more thorough look under the hood.Keep your LLC ownership simple, carry appropriate insurance, make sure ever vendor you work with carries appropriate insurance and those who perform work functions most likely to lead to liability exposure list you ad additional insured (not merely certificate holder) and it should go without saying, avoid negligent conduct.

Rooming houses dwindled in numbers, and zoning regulations took out the rest.Now apartments in popular suburbs are as expensive as in center cities, and for people of even moderate means their own apartment or house may not be realistic financially.  

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

Bottom line these are NOT federally regulated or state regulated loans.. they who have the gold make the rules.

PML  U are seeing this a ton on BP right now were those that live or work in states were investors loans are not regulated folks just advertise themselves as a lender and they basically whitepaper or broker deals to the actual lenders. this only takes marketing money and the gift of gab.So a few off the top of my head.

Its certainly not appropriate for 99% of the viewers on BP that are primarily interest in either rental property long term or fix and flip short term.