I have often seen many people love the idea of building, but once they figure out the cost, those ideas change.For reference, here in Chicago, you can expect new builds to be between $200-$275/SF depending on MANY factors...that's just a very rough ballpark!

What attracts people to Las Vegas?

A lot of people sleep on properties that have been sitting, but where some profitable opportunities are.That said, I’ve been spending a lot of time working directly with investors and sourcing off-market multifamily deals—ones that never make it to Zillow or Redfin.

. - For the right people (landlord who wants hands-free ownership but achieve higher than normal LTR rate, and arbitrager who has the skills and extra bandwidth, AND has confidence in their own ability), I think this kind of arbitrage model is a win-win.I'll be operating in the Triangle area. 

@Mike Robb you would think with the money they charge people for very little benefit they could create an app.

Even though this is a simple concept, I don't believe people can get their heads around the Market. 

As a loan officer, I've seen a few people go through the same scenario of basically breaking even. 

Later on, I started voting on people that took the time to answer my post or question if I liked their answer.

We prefer 600 or better but are willing to work with people under.

Foreclosures aren't a super big source of leads though and most end up on the MLS anyways so they many people will see them.