My full time job is in digital marketing so real estate is not my expertise.The CAP rate number was one I received from a wholesaler I contacted here on BP after I shared the property's financial reports with him.  

The short term rental industry has double digit growth annually, and there are few barriers to entry in the space.

If you want to buy a place with triple digit heat,  pick a growing city like Vegas,  Phoenix or Dallas.  

I am a digital marketer looking to make waves in the online real estate investment industry the same way that BiggerPockets has.

Happy to make everybody's digital acquaintance!

There are some small multifamily listed on the market in the Inland Empire that would provide double digit cash-on-cash returns, though.

If you are trying to fund a business, hard money, even at double digit rates and a handful of points, are one of the cheapest funding sources around.

You can see the dials or digital readout2) Inside the house, shutoff the main water shutoff (so no plumbing in the house is getting water) and check the meter. 

However, remember interest rates have recently increased and theoretically, pricing might come down in 2017 if cap rates move up....but I don't have a crystal ball to say for sure.Using very rough rules of thumb, you would be purchasing the property at a double digit cap rate…which is very good.

I have been drinking the digital Kool Aid for about 3 weeks now just trying to absorb as much information as possible.