You can also go into game theory here and model our economy.

I know for me, technology has been a huge game changer in my business.

For example, Chicago has 3.3 months supply of 2-4 units but Portage Park only has 1.4 months of inventory.I also like to recommend offer terms by analyzing the situation from a game theory perspective.

My adult children have 9 properties now ~ they advise me to buy a few rentals to provide eventual income supplementation after I retire. ( Who wants to be the retiree wiping tables at McDonald's ?

So we custom built a solution within air table to help us with this as we have an internal project manager on our team. 

Inexperienced operators are.A 30K to 70K house is not inherently unstable.What creates instability is an operator who• buys the wrong street• uses retail-level rehab assumptions• ignores the local payment culture• underwrites like a bank instead of an operator• or treats the price point like a shortcut instead of a disciplineWhen you know how to work in this range, the dynamics change completely.Payment consistency improves.Margins widen.Predictability goes up, not down.The price point is not the risk.The risk is not understanding the game being played at that price point.Most investors avoid moderate-price deals because they assume the volatility is baked in.What they miss is that the volatility often comes from the operator, not the asset.That is the part nobody talks about.And it is why the best opportunities are usually hiding in the places most people walk right past. 

Attorneys are attracted to the most amount and the easiest assets; if those assets are off the table and much less assets exposed the plaintiff will have to (1) obtain services of a less successful attorney (2) fund the lawsuit himself rather than be able to on a contingency basis (3) have their attorney willing to put in “less effort” in pursuing the claim.  

Generalist preparers often leave money on the table for agents/investors.

What is it that you bring to the table to entice someone to partner on a deal?

Conservative exits, tighter timelines, and being honest with yourself will keep you in the game.