These higher prices are likely permanent, as prices rarely deflate (and that can cause a whole other set of economic problems).

(There are also fancy lofts for much more per bedroom.)I just heard from someone who is looking at my furnished listing that they'd like to pay $950/bedroom and think that's justified based on the other places they're seeing.

We have a few events every year where you can network and meet other investors we work with, ping me if you'd like to connect. 

Some people/investors see a property and want 100K++ return when the property is listed for 100K and the return should be more like 10K or 20K..

Hope you are able to learn a lot on this forum like I have!

Before we get started we would like to come up solid written business plan that is organized in a clear and concise manner.

Every day, it seems like more and more inquires, meetings being scheduled, showings requested.

Hey Rafael, I like starting in the Midwest because it's affordable and offers good cash flow. 

Consider talking to lenders about what that refi process can look like/what will be needed as well for when you are planning to pay the HELOC back.

1031 exchange if you don't like the property, the location, the returns or you are out of depreciation.