Id shoot for rents closer to 2 percent of purchase price

I do not think In my lifetime I will see rates be this attractive so it does give one pause to question.

I have a schedule 30 min call with Rod Khleif from "The Lifetime Cash Flow Through Real Estate Investing Podcast" and I want to make sure I asked the right questions as it pertains to RE.

It's quite close to the 12 percent minimum we've been looking to achieve and we'll manage the property for the first 10 years which should bump up the cash flow quite a bit.  

The cash reserves needed to be secure can reduce your true IRR by as much as 1 percent.

There is about a 70 percent chance that renters in Denver will get more wealth on average than buyers," said Ken Johnson, a real estate economist at the university in Boca Raton, Fla...."

The report says “borrowers can now get a typical CMBS loan that covers 70 percent of the value of an apartment property, with an interest-only period of three years or less at an interest rate of 275 to 300 basis points over swap rates.”

_____________________Investors Upbeat, Yet Cautious About 2016Overall, institutional investors accounted for 2.6 percent of all single-family and condo sales nationwide in the first quarter, down 3.4 percent from a year ago, according to RealtyTrac.However, among 110 metro areas with at least 1,000 single family and condo sales in the first quarter, the following had the highest share of institutional investor purchases, according to RealtyTrac’s First Quarter 2016 U.S.

A lot of counties are on line and the auctions for many of them are run by the company at this website:  https://www.tax-sale.info/ there used to be a 10 percent premium to buy on line and so after my first auction, I always attend in person. 

In this case, you would organize several investors to make one loan against one property with each of their names listed as the lenders on the note, along with their percent participation.