I was a RE broker doing acquasitions for a large syndicator in the 80s in San Francisco / Sacramento market.. and thats what brought down their billion dollar buziness taking reserve money from good projects to prop up losers..

Thanks Matt Hey Matt, Pensacola receives a lot of visitors between the beaches, hospitals, navy base, downtown and colleges so it can be a great market for STR(including AirBnB) investing. 

Are there profitable group home niches that an operator would be willing to pay above market rent for this kind of property?

Finding the true appreciation rate for specific towns can be a bit tricky, but you can start by looking at historical sales data, talking to local realtors, or even checking out some online tools that track market trends.If the condos you’re eyeing aren’t meeting the 2% rule, it might be worth reconsidering or at least getting a more detailed breakdown of potential long-term appreciation and other benefits, like tax advantages or rental demand growth in the area.

Partner Driven discovered the Pointe Clear Dr property through a direct-to-seller marketing campaign, highlighting our ability to secure off-market deals.

I would not to take on unlimited risk of a capital call from a management company I cannot change.What is the resale market like? 

@Saulo Dias which markets are you trying to expand? 

One of the realtors was skeptical that I can get into this market for $200k, and, I agree, it's a bit of a stretch, but with the pay cut I'll be taking going down to Texas, that's about as much of a mortgage as we can afford on one income.

Black market-  most economies that have something that impactful happen, causes the taxpayers to move to a black market approach.  4.

Rents are mostly at market rate, and are for the most part, fairly consistent around the city.