Henrico county is deceiving because its so big it has the hot western side, and the still-kind-of-far behind eastern side where only those willing to sacrifice quality for low rent would go.The rent demand and pricing can be determined with pretty high confidence here around Richmond, which should make it easy to structure the deal and know if it is good with accuracy.I've been studying an interesting small area where I see flip potential and have followed some recent wins there to see what their formula was.

The greater Tampa market is extremely competitive right now and unless you have cash, you are not going to win.

Its like sampling a NFL players 40 yard dash but for apartment underwriting.

Robert Kiyosaki talks best about being prepared to win and to lose.  

The MX govt also requires the property to be owned in a land trust or Corporation costing thousands of dollars and w/continual payments to maintain it.So, I'm 1 win, 2 loses in my intl RE experiences.  

And has made it bad for us good guys to use the strategy Where eveyone wins!  

We always want it to be a Win- WIn scenario.

There are two major players and they charge an arm and a leg.

If you want to own MF  go work for a MF developer.. that's where you will incubate.. or go work for a commercial broker you will probably start out leasing commercial space but you get to hang with the real players .. 

The key to any of this are the partnerships...with your other GPs, brokers, property management, CPAs, and attorneys...this is very much a team sport, and the best way to play is for all sides to win.