Quote from @Felicia Nitu: Quote from @Jay Hinrichs: hope it works.. but throwing in the affordable housing requirement a lot of times kills the project right there.Also at least in markets I have worked the time lines START from completed submission.. you make your submission and then get an incomplete letter this goes on for months and months soo time lines still extend.. but at least its a step in the right direction hope if works.Hi Jay, the affordable housing requirement can definitely be a dealbreaker for some projects.

Hi Colin, what markets are you looking into? 

I personally know all my clients and I personally go to each market that I provide capital in and spot check the jobs throughout the year..

Has anyone else thought about this when looking ahead at the housing market?

I'm going to see something on-market that is fairly distressed later this week and will probably make an offer at a price that works for me.  

You can download the list and skip trace it to get contact info, multiple phone numbers, mobile only and/or emails as well.You can also join Facebook groups in the areas you're marketing in for REI. 

The same money could buy 1-2 full properties that would rent for more, depending on the market you choose. 

I would keep it at "reasonable market rent" (whatever that means).

It's real estate in markets with population growth, it's pretty hard to lose money if you get an inspection and appraisal."....Wishful thinking at best when buying C/D properties.

My recommendation would be to choose potential markets - in several price points - that have strong rental demand and year-over-year rent increases and that also are in markets that are appreciating.