We have had to jump from plan a to plan b and now we are on plan d which is going to make very very good sense in the long run.

After I picked my strategy and while I was doing my deep dive I would research 5 to 8 markets, narrow it down to one or two and become an expert on those markets.

I feel my criteria is a bit narrow for what I will be looking for so I am going to be flexible to the location.

Narrow your search down to a couple finalists and then run different scenarios to see what the true cost would be with start-up fees, leasing fees, lease renewal fees, maintenance markup, inspections, or anything else they charge for.Finding a good property manager is just like finding a good Tenant: it requires effort.

The seller advertising an 8.5 and buyer calculating a 7.6 is actually a pretty narrow spread.If you are using commercial financing for all 12 units, rather than multiple conventional mortgages, your lender will actually care much more about the debt service coverage ratio that anything else.

Thanks for the input everyone that helps a lot on narrowing down some areas to look at. 

The stability of the apartment rental market in Denver is strong and despite the inventory coming on board, B and C class apartment buildings will remain high demand. 

They will not allow a house to be built on banded pile.

Why narrow down your buyer population?

Hi @Adam Forbes Is there a way to narrow down the list?