@Randee Erickson We are a very real company and we just saw this post as we are not active on bigger pockets.

You only get paid enough to continue.3) You don't need a dozen self-help books, all you need is action and self-discipline.4) YouTube University, podcasts, and the internet will only take you so far. 5) Book smarts make interesting conversation, street smarts make money.6) Find someone who is successful doing what you want to be doing and ask questions.

Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

Once again, that is the myth that started from Wall street trying to sell their portfolio.

Greg makes a great point about reaching out to active brokers, those connections can be invaluable.

Listen actively to their needs and concerns.

I do not buy the bi-level house on a busy street facing a factory! 

This development, spanning nearly 6 square miles, promises to create thousands of jobs, generate economic activity, and transform the local economy.

This is a summarized version of events, but stray I rescued off the street gave birth to 7 puppies, bringing my total to 13.

We are actively submitting LOI’s and interviewing PM’s, inspectors, and insurance agents.