I got my first FHA  3.5% down  4-unit building in Tilton, NH (An hour and a half north of Boston).

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

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.

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

@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.

Hello,I am a Software Engineer and a Real Estate Investor working on a tech product for the real estate mortgage brokers.

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.

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

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.

If for no other reason, it seems that I’d have a much better understanding of pricing our rental in general and a good baseline to make decisions in the future.