Major metro areas on the coasts are typically low cap rates because they lower risk.What are the risk points to consider as to why an investor is willing to take a lower yield in these markets than in the middle of the country?

The housing market in my country is tightly regulated and faces more government interference.

I live in Salt Lake City, Utah and as most know the market here is among the most inflated across the country.

We will gross just over $85k this year, and net around $45k.Crested Butte is currently experiencing the typical (maybe even atypical) inventory issues the rest of the country is facing.

Out of the country again for the next 3 1/2 months.

@Jeremy Nault you could also cross collateralize-use the equity in one as the DP for a new one.As is typical with no money down, the new one probably won’t Cashflow well, but it’s creative :)Good luck

The main thing is finding someone or a company you can trust and that has all their i's dotted and t's crossed.

Now fingers crossed this isn't the first of an avalanche of requests.

There plenty of other opportunities elsewhere, my clients are involved in institutional grade properties across the country.

As-Is means different things across the country - in our board contract in Chicago, as-is simply means you can't ask for repairs, but you can still outright cancel.I'd also like to see the termite section of the report.