Multifamily is top of the cycle for most markets.Sellers touting 4% or more rent growth, 3% vacancy, 40% opex on a 6.5 cap.

@Dion DePaoli  Dion as always has given a very eloquent response and reality post.But lets say your sitting In your place on Kauai ... and you bought some NPN lets say a second.. since those are touted by some who have done pod casts on BP...

The remaining gain, if any, is taxed at the capital gains rate.Folks selling crummy rentals often try to spruce them up by touting the benefits of the depreciation deduction.  

I see it as disservice to other rental property owners to tout gross figures and leave out the bottom line.It's also important that we always discuss how much time is required to manage a short-term requires.So, I locked myself away and came up with 10 helpful rules for short-stay landlords... not vacation rental owners or home sharers, but rental owners.These 10 rules are based on lessons learn on the battle field and from hours of conversations with Super Hosts and short-stay providers all over the U.S.

How can you find these sponsors because the information, again, is limited to what a portal wants to invest in researching the sponsor's track record or what the sponsor wants to tout in his marketing information?

Run your numbers high (such as that 10% vacancy, even though everyone touts 4 or 6%) and you will naturally build in the extra financial cushion that is needed. 

Thanks for touting BP for the help and advice and even partners.

I'm currently going to UT in Knoxville.

The other market I'm considering is actually Knoxville, since I went to UT and I'm familiar with the area.

They tout being a resource for real estate yet they don't care about their accuracy.