There are three additional large economic drivers in the area as well.

But that's the most political I'm going to get.Problem is investing in this stuff... most people trying to get in as operators are potheads ;)I mean every Uber driver these days dreams of opening up a dispensary.Where are we at in Legalization?

Depending on the number of vehicles, age of drivers, number of properties owned, the rates can be very affordable. 

@Carson Wilcox I'm not mad about people paying stupid money for good product!

I never want to really make someone mad and have concrete poured down the drain. 

I would say if dems take house and senate and negate the trump tax cuts that will have a very large negative impact on small businesses who are a big driver In the economy.No matter what, 2020ish timeframe expect a decline in home values and economy

Just require a copy of drivers license/Gov’t ID card during the application.

There has to be value drivers to blend the cap rate up at an accelerated pace on then regular yearly increases to justify the starting lower cap rate purchase compared to debt rates.These are family offices who own lot's of multifamily over a billion dollars worth.

Cash-on-cash is your only metric here that may matter, and it's simply for comparing properties side-by-side and asking what the best use of your limited dollars is...Anyway,Your closing costs will be closer to 2% of the purchase price: $5,800 (unless the seller is covering this...if so, good job)Repair cost of $1,000 won't do anything...contractor fees will eat 50% of that...if you are renovating, you need to renovate to drive rents...$4k per unit will maybe do paint and carpet...a few fixtures. 

But I already said no way I will cosign on that loan.Yes, that would be my plan getting a bigger house or an actual duplex so we can leverage some of the expenses through rent, but my parents and ironically brother are saying I cant think of that house as an investment because my parents just want a house to live comfortably their retirenment (which makes me ****in mad) because its such an stupid idea especially with our situation.I am extremely frustrated, everybody is making me seem as the bad guy that doesnt wanna help the family because I have my own plans.