Let me know if you’d like help running specific numbers or refining your negotiation strategy.AI answers can be helpful sometimes, but they miss some really important concepts.

If so maybe research who financed those deals since they're likely already comfortable with that concept in your market.

Hi Julia,Do you think the concepts from the BiggerPockets book The Book on Rental Property Investing: How to Create Wealth With Intelligent Buy and Hold Real Estate Investing is outdated? 

I'm a Realtor with a couple properties listed in Boise, ID and a neighboring town for my investor/client that are currently rented as co-living or rent-by-the-room and getting killer income. (7.3% - 9.5% Cap rate) So far, every inquiry has been baffled by the concept of co-living or rent-by-the-room and immediately ask if they're being run as a halfway-house (which they are not).

You can surely buy cheaper properties and obtain the same debt pay-down, but now you've got 5x the head-ache, so right asset class is more about efficiency when it comes to debt pay-down.Tax shielding is similar concept in that more expensive properties directionally give you more building basis to depreciate, which means less net income to tax.

To intentionally reduce the leverage more than required is a foreign concept to me especially in the San Diego market.  

The concept of "EARN" is gone in these hearts and minds.

This book introduced me to financial concepts and made me look at money and investing in a completely different way.

@James Wise gonna have to disagree with the "lie cheat steal" concept regarding residents.Any resident has the potential to be less than desirable.

Hi Kyle,My wife is a dentist and the proud owner of Vitality Dental in the Northland of Kansas City.