You don't want to repeat that mistake just for the sake of trying to grow ultra fast.

The local banks can't touch this kind of set up and terms.Another option if you want to go after the ultra small apartment buildings is to partner locally with someone there who already has substantial deposits at a local bank and needs a cash partner on a deal.

Of the ones you mention, FL is really hard to get positive cash flow because of ultra high property tax and insurance expenses.

these things are ultra local and change with time. you have to be prepared to pay the $4K, but there is absolutely no reason not to seek to have the taxes reduced by whatever mechanisms and avenues the taxing entity allows.

I'm having a difficult time deciding between Allure and the click vinyl planks like Ultra.

most markets 25k profit deal with 100k in is ultra competitive.

In fact I recommend financing every chance you can because of the ultra low interest rates today.To Ali's point about "broken appraisal systems", it has to do with the local market and lack of good comps, not so much with it being "broken".

But the decision is not merely one of expected value; very possibly financial losses may be more painful than financial gains, making the decision for those people one of ultra safety and hence ultimately a lower net worth than those whose decision process is less "emotional".I see the risk of inflation must greater right now than the risk of deflation, hence I am in the process of strategically "leveraging up" on my real estate holdings.

My initial intent was to do some simple painting and add some Allure Ultra flooring from Home Depot, nice white base molding, and then list it on the market as a Seller Financed home.

If you Google this, there's a lot of suggestions:1) Super clean by Castrol2) Let kitty litter sit on the stain as long as you can then after you wipe up try some ultra dish detergent to let sit for a few days3) WD-404) Oven cleaner