Because what I get out of these posts is there was an EXPECTATION that not only would things NOT go bust, but that the projected ideal returns WOULD absolutely happen, for sure. 

That would be an ideal scenario for them. 

Buying turnkey rentals, you are generally paying more and allowing the provider to capture the profit from developing the property.

Another focused on National Realty Investment Advisors, a New Jersey-based firm with a big Philadelphia property-development footprint that promises large returns to investors on national TV and radio ads.

It's one of the hottest markets in the US right now with so much population growth, job growth, and companies moving/developing here (26B Intel headquarters being built here, 68K+ enrollment in Ohio State University, Amazon, FB, Google, Honda, Nationwide, Anduril, etc.).

Apartments are the least ideal living situation for us, so what if we got stuck in a multifamily property we intended to just be in for a short time.

I know that ideally, I reach out to my broker or any other reputable insurance provider to get a more accurate estimate.

It would be ideal to chat with investors operating in the Midwest, but I welcome anyone's perspective on BRRRing from a considerable distance (plane flight away).Thanks!

@Dave FosterAre development rights “real property”?

I deal with this without charging the tenant if its not excessive.