If you listen to every episode of each for 6 months you'll know more about real estate investing than 99% of the population.

Quote from @Jarod Forsha: Borrowing the equity in your home is risky when rates are this high.

Since LLCs don't do much (perhaps some wealth transfer within the OA or rules of the road with multiple members), they might not be worth it in high-fee states such as CA, MA and others.

DC is one of the lowest cap rates in the country.If you have a long time horizon, and have patience, with the areas strong rent growth you can end up with more cash flow here than a high cap rate market.

. $2,500 in rent for $1,300 sqft seems too high, even for Bayview and I guess you are in Tippecanoe, but I have not seen the house so can't tell for sure.

Other properties are showing high costs, but I'm not really sure how to get good comps with this situation

My intention is not to boast but to inspire and share the significant impact that BiggerPockets, especially Joshua Dorkin and Brandon Turner, have had on my life.I first encountered BiggerPockets at 23 while enduring long 14+ hour days as a pipe fitter on hydroelectric dams in northern Manitoba, working 21 days on and 5 days off shift schedules.Although I was earning well for my age and educational background (I barely graduated high school), the job was unfulfilling and almost toxic, mainly because of the dynamics with the associates in the industry.

I believe they start in the high 9's currently. you wont get to your $20k out of pocket target on this scenario specifically, but the point is, there are some lenders which will work with out of the box deal structure (for a premium).

The one where you break even you might actually spend more money if it is in rough shape, high vacancy, etc.For example let's say property A is new construction in a stellar area.

The outcome of the deal with Archie Ragland was highly successful.