I'm a full time employee at a research institution in Louisville who's interested in owning a small multi-family (4 unit max) as a way to gain experience as a landlord.

I'm a member of Community Association Institute and I will be studying for the PCAM next year.

Looking at every zip code in the US, here's what I discovered for an entire place with at least 1 bedroom and internet.Gross Monthly income assume 100% occupancy (x * 365 / 12) Typical hotel occupancy range from 60-70%.This data doesn't take into consideration local laws into or seasonal demand profiles, just places where there are a decent number of low cost properties and significant population base.

I just don't see NP's competing well with for profit institutional investors.  

I don;t see why CF should be funding those deals especially when institutional money is 5% or there abouts.  

My present day job has trained me quite well to read people and their level of truthfulness.If some of the property is where I believe it is, the land should be fairly valuable and if a couple of the restaurants are what I believe they are, they have been in place for years and one of them is somewhat of an institution in town due to it's age...think a diners, drive-ins and dives type of place you'd see on the Food Network. 

I don't know if that' s true or he discovers problems with them and then sells.

Also instead of doing a thorough walkthrough on the tenants move out, I just gave it a once over and didnt discover this problem till a week later.

Private buyers – both local and foreign – and, to a lesser extent, institutional investors and REITs, were increasingly willing to accept record pricing and highly compressed capitalization rates as the cost of entry to British Columbia’s coveted multi-family real estate market.Rising rental rates in Vancouver are also proving to be an incentive for investors to secure multi-family assets.

I discovered BP a while ago but didn't really get involved until recently.