The more you can rule out the better, so that only the potential few left are the ones you spend your time actually delving into the numbers.

Your post didn't give any visibility to your having done any of your own research beyond seeing a lot of properties for sale, so I would certainly echo the sentiment that you should put in some deeper investigation.

His price plus the interesti need to dig deeper in owners "holding notes"Good luck

I know there are turnkey properties (maybe some small cosmetic updates) I personally see on a daily basis that would cashflow 3-5%.If you'd like to chat more I'm happy to dig deeper with you into your strategy privately.

A lot of the big money is delving into development, which tends to put pressure on Class A and ends in a concession fight.

By paying an extra $200 per month towards principal, you can effectively reduce your interest rate to 6.39%, resulting in substantial long-term savings.Understanding Mortgage BasicsBefore delving into the advantages of paying extra towards your mortgage, it's crucial to grasp the fundamentals.

I'd also like to keep some reserve funds in case of a deeper correction so I can invest in a second property.

Seeing 3-5 on small commercial multifamily, SE Michigan, with 5 proving itself a red flag in one way or another every time I dig deeper.

Paul Vincent That is too shallow of a requirement, it needs a much more deeper understanding on licensing and bonded, bonded in CA means only 15k.

The deeper question, however, is about what your initial screening criteria and process was.