I'm probably biased, but I strongly believe in investing in the stock market.

@Jerimy Justice I love that idea but I have a strong feeling my family will think I’m insane for even considering owning multiple rental properties.

I have been presented with an opportunity to invest in 2 syndications: 1) a 500 unit Garden Style (advertised as Class B) apartment community located in the Peachtree Corners neighborhood (around Hwy 140 and 141) of Norcross Georgia and 2) a 200 unit (what looks to be Class C) apartment community at Hillandale Drive near I-10 in Lithonia, GA 30058.

I can tell you from experience underwriting deals for a number of institutional and semi-pro investors that they have achieved IRRs greater than 15% and yields greater than 8% in markets like San Francisco, LA, NY, and DC that advertise 4% cap rates.Markets with low cap rates typically share the following characteristics:1) Strong rent growth, driven by2) Strong population growth, driven by3) Strong job growth4) Low vacancy5) High per bed rents (lower operating costs as a percentage of total rent)6) Good property management options7) Higher quality tenants (young professionals like myself will rent in SF until their late 30s to early 40s)To achieve returns in these markets, investors buy buildings with significant value-add or development opportunities on very low to no leverage (debt), and refinancing the deal after stabilization to cash out.

Bear with me, I am new to this style of post.

The association's policy does not cover flooding.In the lease, tenants acknowledged they are strongly encouraged to hold renters insurance that covers flood damage.The property itself would not sustain much damage even if it had 5 feet of flooding - $300 damage tops.However, I am concerned about the surrounding area making it unsafe for the tenants to travel into the unit.

The diversification of industries here among the healthcare, education, energy, technology, and finance sectors allows for a strong economy that grows steadily year-on-year and suffers minimal impact from market hits.The potential to fix-and-flip is high here, as well as the opportunity to BRRRR.

I do open house style showings (not open houses).

Some lenders might go down to 15% if you have strong credit. 

With my strong current W-2 and great credit and now him jumping at the chance to work with me I'm feeling really strong about 2019, even 4th QTR 2018 if I can get the Divroce to end quickly and smoothly, which it's on a decent course to do.