I’m in Ohio, so I can purchase a property with $40k cash out, invest $10k in repairs, and rent for a couple hundred above the monthly operating costs.

Your referencing effective age vs chronological age. 

These are people whose full time job is to effectively manage the assets on behalf of the investors. 

Multifamily properties provide higher rental income and lower vacancy risk, but they require higher upfront costs and more management.

We offered 407 and asked for closing costs.

Would you mind sharing the cost?

But effective?  

I wonder Trumps thoughts on the affect of Tariffs and the cost of materials.

I usually only have about 2k for closing costs out of pocket.

When going this route, there are so many angles that are in your favor that include, but are not limited to at market rents, financing, cost segregation, and your exit strategy options.Our company is in the process of closing on two 40-100 unit deals this year, so we’re scaling up fast.