@Russell Brazil  Understood that capex is not an operating expense so technically it should not be included in NOI, I just prefer underwriting it like that to make sure I'm not over valuing a property when looking at it from a cap rate perspective.

Generally most landlords prefer the tenant pays for all utilities.

I look forward to meeting like-minded individuals here.  

If that’s not something you’re interested in, you could also buy a list from listsource.comI prefer the “absentee owner” list.

They are a preferred vendor with Fannie and Freddie so instead of 6 months can often close in 2 months.

High net worth individuals may be in a hard place for a short sale if they still have money/assets. 

@Scott Choppin the issue you are going to face is two fold; one, very few real estate crowdfunding sites, if any, will take on ground up development because they are inherently higher risk, longer term projects that do not appeal to the majority of current crowdfund investors so are difficult to capitalize, and two, investor demand for real estate crowdfunding slants heavily towards current pay on preferred returns which don't make good economic sense for ground up deals.These two issues may sound the same, but they are driven by different underlying dynamics.

I am looking to purchase a rental property, SFR preferred considering this will be my first one.

@Peter Fennig what kind of flooring do you prefer?

List of top 5: https://www.forbes.com/sites/samanthasharf/2018/05...Nationwide heat map of under/overvalued cities - click into the state to see individual cities: https://www.fitchratings.com/site/structuredfinanc...I'm surprised by San Antonio because I thought their growth was more in line with population expansion - I thought it was a good place for appreciation on buy & hold, but now I'm wondering if that's true.