It's also possible to buy a multifamily building, wait for natural tenant turnover, and then sell.I think the absolute best strategy for a starting investor is to househack a SFR or, more to my liking, a duplex.

I’ve been doing my value add rehabs during natural turnovers and even with existing tenants living there which is tricky but has worked well for me.

I've contacted a few broker groups, but naturally they don't want to disclose specific fees until I've passed the exam.If anyone wouldn't mind sharing some rough numbers, I would greatly appreciate it!

@Neil Aggarwal If I can learn the competitive nature here and use it in my smaller market I’d hope I can learn more here and implement it in a smaller market.

Realize this topic was probably put out there as a teaser, but lets take it to its natural end result. 

Cap rates will likely expand because most institutional investors will want to reduce their exposure to this sector.The Darwinian nature of retail has presented itself once again.

They've almost certainly had the question come up before.Of course, they may be entitled to part of that referral fee too, but that's the nature of the apprenticeship (agent-broker) model unfortunately.

Apparently, the torrid pace of employment growth in late spring gave way in July to a sharp slowdown in hiring, underscoring the fragile nature of our recovery with the coronavirus still running rampant in many states.

I never really thought about connecting with local bankers or of that nature.

I have been reminded on more than one question that my natural drive was to want to help the underdog, the kid getting picked on, the homeless.