My prelimary research about this property showed:465% population growth in the last 20 years in Calera, Alabama.

They have high loan amounts and a very long draw period and long pay back period.

There is high demand for rental properties so as a result rent growth is strong.

00% agree with chasing high caps and cash flow.

Would highly appreciate any help/tips!!!

There's a lot of risk and it's highly competitive today.

High prices + high mortgage rates + low inventory is making this a challenge.

Here is the backstory: I started buying single-family homes in Milwaukee 15 years ago and pretty soon migrated from C into B neighborhoods ("A" would be 500k plus here) and some of my friends invest in larger MF so I thought that's the next step for me as well and started shopping for a commercial deal maybe about 50 units.The issue is that I did not want to go into the affordable housing space and assets in the quality I liked were so insanely high priced that I would have needed 40% down to meet DSCR guidelines - not to mention rehab cost to bring it up to our standards.

You'd need to make sure the property is in rentable condition and that the rent will be high enough to debt to cover.

Dayton is a great market for high cash-flow, but it won't have as much appreciation as other Ohio markets because of factors such as population growth.