I have 9 doors across the Midwest and they all do a minimum of 10% but usually it’s around the 15% mark after a refi, since I normally do BRRRR style deals. 

So how come the price went from 100k to 1000k in 35 years.Simple because 11% of the supply keeps changing hand in auction style where the bid going higher and higher.

Otherwise wouldn’t be worth building a different floor plan, style, and area than I’ve been targeting.

I find it interesting your style of confidently assuming the future, then impulsivity based on that assumption.     

Although a bank or insurance company would fit nicely into Berkshire’s existing platform, Canada does have restrictions on foreign ownership of those assets – so my bet would be either an energy or utility-oriented opportunity (plenty of them in Alberta) or perhaps a significant stake in Alimentation Couche-Tard, which owns the Circle K brand and has a significant global presence, potentially meshing nicely with Berkshire’s recent purchase of Pilot Flying J.This year, I had the pleasure of travelling to Omaha with some friends from New York University’s Real Estate Development program and got to catch up with old friends from all over the world.Alas, my favorite Buffett-ism from the meeting was "Understand that the market is there to serve you, not instruct you".

Go to meetups in your area to meet other investors who invest in Section 8 rentals to see if that's the type of property and management style you want.

A minor kitchen remodel includes replacing cabinet door fronts with shaker-style wood panels and drawer fronts and adding new hardware.

I usually schedule an open-house style showing on a weekend, collect applications from interested parties that day so basically at the same time, and pick the most qualified applicant (the first one to apply who meets the criteria clearly listed in my ad, whose employment and references check out).

What is your management style - hire PM or manage yourself? 

Another thought is converting my Cape style home to a multi family.