@Matthew Allen I should have mentioned as part of my response yesterday the following regarding PP of building:-I used $800/month in my calculations but you have to (conservatively) know that you can get these numbers, or use a lower number-the reason you might use $800/month in your underwriting instead of $675 (actuals) is because you're strategically trying to arrive at a purchase price that is attractive to the seller (competitive versus other offers) and yet still going to yield great ROI for you-as I mentioned, you need to use a detailed underwriting tool (spreadsheet) not a BP calculator.

The Fort Wayne Real Estate Investors Association has a robust and very active group you should check out. 

Additional benefits of such strategy are greater tax benefits, a property that will likely cashlow much quicker than any single unit option, quicker capital appreciation (you're starting from a bigger basis usually), and a robust rental market with seemingly no slowdown in sight...Welcome to So Cal, BP, and good luck out there!

It's great to see someone young who's already thinking strategically about their financial future.

You are well on on your way to success with such a strategic plan ;)

Also, in general, the more holdings you have, the more logical a strategic default might appear.

It actually wasn't my market of choice, even though Dubai has a robust ecosystem.

Buoyed by historically low mortgage rates and robust home sales activity, Austin has blown the roof off its homeownership rate.In the third quarter of this year, the homeownership rate in the Austin metro area skyrocketed to 74.7%, according to a report released Nov. 17 by the Texas A&M University Real Estate Center.

Also, in terms of areas, I typically have a robust checklist that I work off of as well as intuition that I've built over years of being in the market.

I usually speak on Strategic Patient Marketing or Relentless Implementation as it relates to business.