Talk to the guys at multiply - Melbourne.They will be able to help .I was thinking to invest in Melbourne too but I’m finding it over price so I’m thinking to invest in Brisbane.You can invert maybe $700k in Melbourne but won’t be in the blue ship suburb 👍

., TV commercials, radio ads, motivated seller website, SEO, pay per click/adwords, facebook, Linkedin, Youtube, and other forms of online advertising and boosted/promoted social media postings.Bottom line is consistency.

3) BRRR'ing single family home has a 1X multiplier - you have 1 unit and you profit from the increase in value of that one unit.With apartment buildings, when I do a value-add, the increased income is increased EXPONENTIALLY.

There is usually a higher business cost to use those experienced contractors who are properly insured and have a great track record.One of the few times I see investors get a great rate and high quality work is if either they employ the contractor directly so their jobs are the sole focus or they do lots of volume to give a contractor team consistent work.It sounds like you are playing in the one off space with an non-certified contractor hours away from where you are.

There is obviously some value to having the cash in a lump sum, but there is also a benefit to consistent interest income, so it feels like a steep discount of 20 percent or more is unwarranted. 

In particular i'm wondering if the areas around Hopkins (or their medical school) are good for targeting students, or if there are other neighborhoods that can be easily and consistently rented.

I am 26 now and If I could start over again the #1 thing I would do is go to more meetups, CONSISTENTLY.

Do you think an appraiser would just use a 3/2 SFH as a comp or might they just use some sort of gross rent multiplier?

I still get bids, but they consistently both give the best prices and do the best work. 

The only thing is, I don't know if the population is large enough to consistently find potential renters and with a smaller population, I feel that certain factors like house price appreciation, rent price appreciation, and maybe vacancy wouldn't be in my favor.