Average growth of Income increase vs house price shows huge difference (sign of bubble)There are many U.S. cities with solid fundamentals (population growth, employment, strong local economy) where I can see potential (still below peaks from 2008s) and decent cash flow/cap rates. 

I have been reading the forums trying to get a list of qualifications to use, but a person with rentals in an upscale neighborhood in CA where rents run 2500/mo. on average is going to have a completely different qualifications than someone doing working class rentals.  

Get a  nice profile pic (like an agent does), but don't be too professional looking otherwise you look like an agent (although all agents are female)..Look lie the average wealthy Joe, flipper.State what you are and do.

If you talk with an average joe selling their house, you will probably get a bunch of resistance to seller financing.

Instead I would calculate what the average utility costs will be, build that price into the lease agreement and include a separate clause stating that if the tenant goes over the allowable cost built into the lease for utilities then they would be responsible for the additional cost.

He did not want to tell me what business he wanted to start, because he didn’t want me taking his idea for myself.Is this normal in the commercial industry?

I have contacts in the building industry, and my original intent was to sell this as a teardown opportunity (it's in West St.

We pay 10% management fee (its a STEAL) the average is 20%.

@Shiloh Lundahl , my JOb is been a Realtor and a Wholesaler,  I know, it is in the same industry but I love making active income and invest for long-term passive  income,  first, I got some SFH, rented on section 8,  but now selling them and with a goal of acquiring my first Mobiel home park.Been an agent is really great because I do not sell houses, I sell homes, all my clients and now my friends, some of them are already  interesting on investing on RE as passive investors 

Hi guys hope you all well and growing your business.I usually buy single faimily homes from the auction at low price since they need tons of rehabs (the ones I pick), Im trying to implememt the BRRRR strategy, contacted couple of banks the problem is since Im trying to refi in less than a year they would give up to 70% of the purchase price and no apprisal at this stage (onw bank offered 3 months delayed purchase I think thats whats called but not sure).The problem Im having is they depend on the purchase price which is low as compared to the ARV and wont send appraisal till 1 year and I neither have lots of cash to keep in one or two deals and wait for one year nor do hard money.Trying to refi as soon as Im done with the rehab if possible which most of the time takes me 1 month max on average size house.Any recommendations would be appriciated.Wish you all the best of luck.