Is there a cap to how many loans you can have?

Out of state is tough though right now, run the numbers yourself with $1200 minimum as cap/ex per unit 3/4 units or $2500 per a house annually and don't believe anything the agent sends you for analysis.

If you don't factor that cap ex budget in your cash-flow evaluation, then for the first 5 years it looks like you are doing GREAT and in year 5 you are doing TERRIBLE, but in reality its was business as usual all along. 

Compare: Put a 9% cap rate on an $85,350 run rate lodging house NOI, and compare what other multi-family properties you could buy for the same $948,000 purchase price?

I get that it's a great way to build your business, so I don't fault anyone for trying to get ahead.I just started reading countless reviews for Pace's mentorship, and while there are a handful of legitimate BP members who respond, that post from DEC 2020 that had 87 responses and many VERY similar writing styles: lots of strategic CAPS, ...'

Cap rate is only one metric to compare properties.

Almost all their competitors simply charge a $1/month/ per unit fee as you grow your portfolio, and I think that approach, still capped at $80/month, would be much better than these big steps. 

The picture has been painted very clearly, and I will shift my focus north to Brevard County.What cap rates are you seeing in Brevard County? 

Once you purchase a home regardless if it is 20% down or not you would then be capped at 5% down conventional.

Then you can run your numbers, check insurance, cap ex, special assessments, and get inspections.