Hello BiggerPockets community,My buddy in Mayes County, Oklahoma is facing a frustrating situation with a neighbor who has been dumping trash on their property.

I am like 0 for 5 on these situations. 

~Jam> Three Pillars New Acquisition of Riviera Apartments ~20% IRR > Preferred return - 8% and 10% for class C/A> Equity multiple - ~ 2x

I had a situation this last yaer where I had a simultaneously recorded first and second (in practicality).

I have the following case, numbers are made up, but the situation is real.I purchased a house in 2021, rented it out, in 2022 I demoed it and build new, finished construction in January 2023 and rented out almost immediately.In 2021 the structure costed 100000In 2023 new build structure costed 200000, i.e.

The problem as mentioned above is that anything owner-occupied is going to come with a huge amount of regulations and legal compliance - its why most private lenders will not do loans like this even though they would do it in the same exact situation if the unit was a rental

I would talk with multiple realtors to find one that is experience in investment real estate and is willing to help teach you the business.

It is rare to run into a HNW entrepreneur who opts out (other than some delayed income situations where is makes sense).

If you're seeing more price points that are higher than the norm typically it means that either the market is shifting gradually up or that there's multiple people involved in that deal "chain" before it gets to you and everyone is adding their markup.My advice would be to attend a few local meetups to brush shoulders with other investors to pick their brain about whats working in your market AND to start marketing direct to sellers instead of trying to get the deals from wholesalers. 

I'm a real estate broker and investor and have done this multiple times.