@Ilir Livadhi I think you are referring to property wholessalers telling you how much the rehab will be - and as you see, their numbers are often not based on reality.

Hi Basit,It's probably been a combination of outbid, or out contingencied, and a bit of financing at the levels we want. 

Because all we have for credibility is his word and a Facebook page with zero likes on it.

Rentals boil down to how much do you net after paying principle, interest, taxes, insurance, and a maintenance reserve.  

The place I have is over 30 years old and a mansion ("mansion" in Japan means an apartment, not "mansion" like a huge house). 

Choosing between a single-family home and a duplex is a classic real estate investor dilemma.

If you’re strategic about locations, management, and financing, STRs can still offer decent returns in the right market.I totally agree that it’s not all sunshine and rainbows in real estate right now, but if you’re strategic—especially with tax savings and a long-term focus—real estate can still be a viable option alongside other investments.I agree with everything you said but it’s also important to consider the Time component.

If I put all of my eggs in one basket (Florida in this case), paid off property and a hurricane blows everything away, FEMA is nowhere to be found and the insurance companies take years to pay what little claims they actually do pay, I suffer through it in a blown out house.

I asked him a lot of questions about the business and as soon as I got home I was doing research and joining RE forums focused on multi family.

I have 10 years of experience in retail real estate and a couple of partners who are interested in investing with me.