On the evaluation side, if you are looking for an 8 CAP your personal tax rate and savings are irrelevant.

They are for a reason one of the oldest and largest RE Brokerage firms in US with over a century in business.Training program is really informative, especially if you consider having some agency business on a side of investment. 

Brand new to REI and in the process of just acquiring knowledge before diving in anywhere.Since I live in the SF Bay market craziness, I'm looking into opportunities out of the area.I know Austin has been a hot market recently, and as such may not have much available (in the cash flow sense), but I'll be visiting there next week and curious if it's worth reaching out to a realtor there to take a look around.I figure when I'm ready, I'll probably look to buy-and-hold a single family or multi family that starts with cash flow.  

I don't know if there is much you can do out side of waiting for FEMA relief.

Yes, there will be some foreclosures from that side, but I just don't see it being anywhere near that projection.

@Cate Mee - On the residential side the cost of new construction up significantly.  

But I do work for them on the residential side of the business.

We plan on considering the side work (GC and design stuff) to be taxable wage income but that is minimal compared to the profit we receive from flipping.

I'm looking to acquire side by sides, four plex, or small apartment buildings (8-10 unit), but trying to acquire those via mls is quite difficult to do without overpaying, as many of you well know.

I've found a duplex that is currently either completely vacant or only occupied on one side, possibly by the owner.