MODERATOR: RECOMMENDATIONS ONLY IN THIS FORUM, PLEASE.

(I have experienced a fair number of focus groups here where the out-of-town moderator seemed frustrated by our inconsistent feedback, FWIW.)Ultimately, if a developer can adaptively re-use existing buildings and/or build new projects for middle income folks that prop up the surrounding community -- transit-oriented development, good grocery stores, improved infrastructure, and decent schools -- they would probably do well in outer NE or SE Portland, Aloha/Hillsboro, Troutdale, Gresham, Clackamas, and other surrounding communities.  

I plan to acquire ownership or control of 7,000 units within the next 7 years through a combination of syndication, joint ventures, and personal acquisitions.Strategy – My strategy it to acquire moderately sized (50 to 150 unit) properties in emerging markets that are currently at a C+ to B- grade, as well as acquire large multifamily (160 to 350 unit) properties in stable areas around major industry and academic institutions that are B- to A- grade.

Adam, I hope the forum moderators will not zap me for answering your question by [REMOVED].

Each group has its own moderator and administrator, and they have the right to set the rules for their own groups.

From that amount i want to subtract all my costs to get my desired purchase price, which includes repairs, closing costs, early profits, marketing expenses, holding expenses and or interest.As I mentioned in the last post, I only want to do cosmetic to moderate repairs on a house, so the max I'll put into repairs is $15KClosing costs will run me about $1,500I aways give myself a guaranteed bit of profits early of at least $10k.Marketing expense is the one item that most investors screw up on (besides repairs).

Just read an interesting article in the Washington Post about a home loan program that rolled out a couple weeks ago for low to moderate income home buyers.

Yes I know, I should have screened my tenants better but I am a sucker for people trying to turn their live around.I know that they (I hope I am using the politically correct pronoun here so my post don't get deleted by a trigger happy moderator) had drinking problems but that was over 5 years ago.

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If you have a moderate repair for say, $300, it's going to take you 6 months to recoup the expense... and that's assuming nothing else goes wrong in the mean time.