Hello I am Kyle I am located in the Southwest Michigan area Kzoo, Battle Creek, Grand Rapids.

If the difference between cost and FMV is pretty big and they tack on extra anyway, well then that's just greedy, and you don't want greed to be the defining characteristic of someone you're going to be partnering with for 10+ years.I suppose in markets with rapid inflation, like Southern California, such pricing might make some sense, but I'd still be wary - even in the priciest markets like CA, NY, HI, further appreciation isn't guaranteed, so paying extra in anticipation of increasing values seems...iffy.

You have to weight it out.- I'm going to send you a course by Joe Massey on "How to Build a Portfolio of 10 Denver Rental Properties" that uses a house hacking example to leverage building an entire portfolio.

Additionally, our market is rapidly climbing.

I do a lot of cash out refis on my properties in DFW because the market is moving at a rapid rate.

Additionally, our market is rapidly climbing.

What is relevant is that he is the foremost expert on real estate market cycles in the United States, so I tend to follow his research and heavily weight it when I'm conducting my own.  

I only make $80,000 combined family income, work 60 hours a week and have 85 and soon to be 109 front doors and $120,000 cash flow escalating rapidly to $160,000 by October.  

It's a sleep specialist,weight control centre. 6 rooms ,one queen size bed and half bathroom in each room,look like a hotel room.

I am living in Grand Rapids, Michigan and am interested in investing locally.