Investors always find new ways to obtain properties and create income, so watch the trends.

My theory is to follow Warren Buffet, who preaches to make money when you buy the asset, have the financial wherewithal to hold on to it forever if you could and always keep a margin of safety.

@Cole Cherryholmes - goals come first, asset type comes second.

I'm considering relocating in the near future strictly for the purpose of investing/building a portfolio of rental properties.I'm specifically interested in using the BRRRR strategy on residential 2-4 unit properties and 5+ unit commercial deals.I'm looking for assets in desirable C+/B- or better areas so no section 8, high crime or low income type of neighborhoods.Rents must meet the 1% rule and I'd like to cash flow $200/door after refinancing once the property is rented/stabilized.I'm trying to find a market where deals are more readily available than here in South Florida where it's very competitive.If you were gonna pack up and move somewhere strictly to invest in rehab/value-add multifamily where would you go?

Hello,I have a dilemma with obtaining a conventional mortgage with my partner.

I am not seeing how many units are in this asset which would help.I would not personally want to be buying an asset that doesn't at a minimum kick off $100/door/month in net income.With only 2-400 in net income per month you are 1 bad tenant, 1 leaky faucet, etc. away from a loss.If you could see a very quick turn around on rent---IE: all tenants are month to month, and we can raise rents $50/unit in 30 days that might keep my interest long enough to dive deeper.Cash Flow is more important than the Cap Rate on this deal.

Thinking of obtaining a property through seller financing, since they are giving me such a low interest rate and low price in Phoenix, Arizona. 

Real estate is hands on regardless of what anyone says and leaving RE assets to family that does not know anything about them is a recipe for disaster. 

I'm not willing to move those assets.

If you charge someone to live in your asset/property, you should keep it in working order so you can draw the best possible rents.