Today's cap, I believe, is 1.8%.

I thought that would be obvious as to why someone would invest in E cleveland but things are changing fast in E cleveland.

@Belinda Lopez One of the first items on my MHP development checklist was to investigate the quality of the new housing that's available today.

Something goes wrong they have a small loan in the middle of nowhere taking up a big amount of their time.If you are paying 15% to hard money lender maybe you should source a private lender at say 10% or so.I know most lenders on commercial won't touch a loan under 1 million, some under 2 million. 4.5 to 5% interest are premium rates in today's environment.If you could land a 6 to 7% for loans that small in those locations then likely doing well.

If anyone is willing to share how they got started, struggles, successes, and where they are at today, I would love to chat.

On the other hand I still have it today, stable tenants now, and area is seeing some redevelopment.

While out driving today I found a 1083sf 3 bed 1 bath home for sale $8,900 or best offer.  

Sometime in the day today(11/04/2017)  i got a text from one of the tenants saying she had moved her belongings out of the apartment on 11/02/2017 and all she is doing now is clearing up and cleaning the property. the following are my questions:1.

that can sink deals super fast.  

I have a VHR in South Lake Tahoe, which I just departed from today.