I have seen the Phoenix Units more than double in value and my Peoria units are worth 40 percent more than I paid.I have sold 9 of my Phoenix Units and moved my money to Pittsburgh where I can find CAP rates of 8 percent and where properties have not sky rocketed in price.I have purchased 14 properties (19 units) in Pittsburgh over the past year and my CAP rates and cash flow are much better.I strongly feel it is the wrong time to be buying properties for cash flow in the Phoenix valley.  

I have been asking the WRONG people the right questions which has gotten me bad information.

Well we picked the wrong stinking hardwood.

We were initially offering a 6 month option until a friend in the industry told me it was a bad idea due to how much can go wrong and he was dead on.

Wait, correct me if I'm wrong @Dmitriy Fomichenko, one can use their Solo 401k to fund "their" deals.

It becomes much easier, and much less risky as it grows, and there's nothing wrong with having the first 25-50k accumulate with disciplined saving.

If the manager quits and/or the property doesn’t sell within the first couple months, buyers start to wonder what’s wrong with the park—remember, the MHRV community is very tight.

I also know many who bought at the wrong time-were forced to sell and lost their shorts-in Silicon Valley-who’d have thought? 

If thats the goal, then it makes sense to do a series LLC, there's nothing wrong with initial formation as Series..

Am I wrong?