But based on the age of their post and their total number of posts, my guess is we'll never find out.

How did you find this deal and how did you negotiate it?

I think their logic was that a family with 12 people (parents and 10 boy children) would have difficulty finding a suitable house with say 6 bedrooms.In addition to the Federal guideline, some local ordinances address occupants both tenants and owners. 

I didn’t have much money and needed to find a way to get in the game. 10 years later, I’ve got 29 SFR that profit 19k/month (not including things breaking or vacancies).

Tips for Finding and Vetting the Right JV Partners and Private Lenders- For Investors:- Look for private lenders with a track record in real estate. - Ensure alignment in goals, risk tolerance, and expectations. - Conduct thorough due diligence on potential partners. - For Private Lenders:- Vet investors based on their experience, reputation, and past performance. - Clearly define the terms of the partnership to avoid misunderstandings. - For Both Parties: - Use legal agreements to outline roles, responsibilities, and profit-sharing. - Communicate openly and regularly to build trust.

Identifying neighborhoods with good schools, infrastructure, and amenities can lead to finding a hidden gem.Myth 4: It Is Only Seasoned Investors Who Can Handle Distressed PropertiesExperience is helpful in real estate, but you do not need to be a seasoned investor to do well in distressed properties.

I wanted a place in a A class neighborhood in Chicago with good tenants How did you find this deal and how did you negotiate it?

in columbus ohio we have to put the value of new builds and the cost of construction if you average enough or look at enough you don't need to talk to anyone. find the city website and do some research first 

here the numbers144k, 2556 sq ft, decent area.put 30,000 into remodel.Annual cash flow, 1,737cap rate, 7.82%coc returns, 2.82%monthly cash flow, 144grm, 92.9total roi, 16.26%Not sure if I am doing good in real estate or not,  just want to find a way to make it.

. $40k will not get you a non owner occupied San Diego property unless you find some unlikely alternate financing.