What made you interested in investing in this type of deal?

Hi all, I'm looking to buy an investment property in WA and wanted to get your thoughts regarding buyer agent's commission approach that I'm contemplating. Let's say the listed price for the property is $1.3MM, we thi...

In this day of housing shortages and rising rents, you mentioned you don’t want to deal with all the “Covid19 no eviction garbage,” yet you’re ok creating a facility specifically designed to encourage others to congregate during a pandemic? 

And then you can refi your cash back out for another deal.

To what extent would you entrust them towards handling duties such asCommunity and Forum building Online event hosting Social Media Handling Deal Finding and Analysis Appointment Setting Remote sales(real estate course and events)Customer Support

And, based on some really basic math: if that lifestyle costs $2mm/yr (the leased/financed G5, the FL and Malibu mansions, etc) and the typical core multifamily deal kicking off 4% cash on cash to LPs (if that), we could all have that lifestyle too.  

To me it seems like a decent compromise in the need for housing and the ability for home owners to make decisions about the highest and best use for their own property.Currently working on being able to put an ADU on a SFH property in a Denver metro suburb and the process is sooooo cumbersome, so I am glad that hopefully others won't have to deal with that process for much longer

And if you are dealing with a difficult seller, and a shady sellers realtor, you'll be the one screwed over.  

Now, that said, let's give the contrary view, and why I wouldn't personally do that deal:-Limited appreciation potential for at least 3 years on this property based on location and demand, and no opportunity for forced appreciation-Risk with Section 8 on cap ex -I look for cash neutral on 15 to 20 year notes-positive cash flow of 144/month does not excite me, especially since I prefer appreciation potential -I avoid rentals that require more than $2000/month in rent to work given lack of demand at that price point in North AlabamaAgain, I ran this example just for educational purposes. 

I would definitely shop more, neither of those deals make sense to me.