There are good and bad reasons for this, but none of them are encouraging for aspiring landlords.NYC's day of reasonable values could come (I am interested to see what a flood of inventory does to competition).

He said Progress offers “aspirational living experience” to tenants he described as typically about 38 years old and married, with a child or two, annual income of about $88,000, less-than-stellar FICO credit scores of 665 and $45,000 of debt.

Expected rent is approx $2500/month.Both are the same model- 5 bedrooms (4 up, 1 down), 2 1/2 baths (2 up, 1/2 down) and both are in very good shape, move in ready, etc.Differences:House 1:Finished Basement, but no bathroom in basement.Gas fireplace- selling point in COPaid-for solar installation (could save renter approx $50-$100/month on electricity)Small backyard with retaining wall and trees that make it look/feel even smaller (bad for small kids and dogs).Residential street but higher traffic since it's a "feeder" to the neighborhood.House 2:Better curb appeal from street Less traffic on street.Back yard is bigger, but feels a lot bigger due to layout (better for young kids and dogs (Everyone in CO has a dog)).VERY close to excellent Elementary schoolNo fireplace.Unfinished basement.My wife and I think House 1 would be better for families with teenagers (can go to basement) and House 2 would be better for families with small kids (can play in back yard).Any advice appreciated- thanks!

I would suggest that you thoroughly think through your business model. 

Hi Dmitry,I am an aspiring Wholesaler in the Pittsburgh area.

The problem with that model is that your family member takes 100% of the risk and could simply buy the property themselves.

I’m Anish, an aspiring investor (I’d like to get my first property before calling myself an investor) from Orange County, CA.

My stress release...bought it when I graduated high school, pulled the motor within a year with dreams and aspirations (too many budweisers) of making it "faster and so cool!!"....

This is in many ways similar to the Blackstone / Carlyle model but applied on a single market (where they are not present).

I would have to say it depends on your business model and what you are looking for.