I want to connect with all my local like minded investors. just want to be around as many motivated individuals as possible.

I recently heard on BP podcast, with Bryce Stewart, you can convert a property like this so tenants are charged for their individual usage. 

There is ANOTHER petition circulating that will confiscate the permit of any property that doesn't generate enough Occupancy Tax in a year.https://www.tahoedailytribune.com/news/petition-seeks-to-tighten-south-lake-tahoe-vhr-regulations-maintain-current-cap/

I think ultimately there needs to be some commonplace legislation at the state level to make sure its not just people buying up houses to rent out like hotels willy-nilly, but also that its not infringing on an individual homeowner to rent out a room or apartment in their home.With some 40,000 AirBnBs in Florida generating 10s of millions of tax revenue I don't see how Florida can turn them down.

Things like our own website, craigslist, etc don't generate a drop of traffic compared to what we get through the big two.I'm all ears.

The practice allows landlords to engage in “backdoor discrimination” against minorities, domestic violence survivors, female-headed households, veterans, senior citizens, and individuals with disabilities, Cuomo’s office said.More likely than "backdoor discrimination" is that the tenant applicants aren't documenting the non-wage income.

Rather it matters what kind of return you can generate over time.

A - Invest $100, add value to $120, market corrects to $100 in year 1, but you achieve an 8% return from cash flow and principal reduction.B - Invest $100, add value to $120, market remains as-is (or it takes longer to correct), you achieve target returns of 15-20%C - Invest $0, earn $0.Substitute appropriate figures...just trying to generate dialogue.It's hard to model things like a market correction or rising cap rates, get excited about lower returns, and make a purchase but idle cash and the war chest strategy (scenario C) can be costly relative to scenario A (except with an appreciation only/market timing strategy...let's ignore that one for simplicity).Many of us have analyzed and turned down a ridiculous number of deals and we see a lot of posts about waiting for a correction but the math seems to suggest otherwise if investors are adding enough value (and generating cash flow, using long-term debt, buying in solid locations, or investing for the very long-term).  

@Ned Carey , @Mark Cruse Hey guys, so I have been able to acquire to rental properties in this city so far (buy and hold) and they are both generating cash flow.

Do you think it's better to do a FHA on a true duplex and take the increase with the mortgage insurance or to do a cheaper single family where I could create a basement apartment as a makeshift duplex paying the 20% to keep the mortgage low and easier to cover with the rent it would generate?