Lets define A, B, and CThere are many definitions floating around attempting to define investment properties.I like to start with the community in which the properties is located.A neighborhood = 95% homeowner or betterB neighborhood = 65% homeowner or betterC neighborhood = All rentersThese neighborhoods could also be defined by the land value, on which the subject property is located.

This area never truly took a hit, but with the soon to be overpricing/overcrowdedness of Atlanta lots, I expect developers to heavily target this area (along with East Point) for luxury condos catered to millenials, actors/actresses, and movie directors, and those more affluent looking to be out of the way, but still in the mix if you catch my drift, and then some regular residential lofts catered to those who work at the airport, in the City, or those who pop in and out of the city at will.Your views on Cascade Ave are interesting though.

Whether you write an extra check each month of float it through a HELOC makes little difference. 

Hence what looks a lot like bait and switch deal.Unrepresented sellers - this is made even worse by the fact that there is so much "data" floating around so people *think* they know a lot about the market, but in reality, most folks are more confused than ever.

But I would be very concerned generally with a PM who cannot float the funds for a simple unit turnover.

That doesn’t mean prices will skyrocket for single fams, but in traders speak it lays a good resistance level.TLDR: there’s too much cash floating around and not enough good ideas.

Has anyone structured a deal with a floating rate?

- I've been quoted at 5.25% rate on the mortgage, but also given an option to float it until close in the hopes that it drops after the rush to refinance gets completed and maybe the coronavirus situation stabilizes (big if).

  * Returns were about 100% in the past ($200K total returned for $100K invested), but have drifted down to an expectation of 70% to 80%. 

the hair just floats on yop