Of course, securing the initial and ongoing capital to invest in the market is a bit tricky (it usually requires being frugal and making an already healthy income), and you are exposed to the risk that the company you are invested in is the next Enron and could go to $0 tomorrow.  

Amy thanks for bringing this up, we absolutely want to ensure you can read the articles you are interested in. I

Which areas do you do your renovations in? I

😀That being said let me make a contrarian statement:The best market to invest in is the one YOU know BEST.

You make a good point though that this does perhaps create a little more risk of a fair housing violation claim, and I’ll take your advice on numbering applications as they come in. I

I am curious to get feedback from everyone about this situation I have found myself in. I

That's where my mentor, Reed, came in. I

You advertised 9% cap rates, said to expect 7% (I understood and agreed to that), and it delivered 3% over three years.And now, from left field, I have a different real estate investor weighing in. I

But you are correct in that the majority of the buyers and sellers in I would say anything under 10 units don't use cap rates. 

As a private lender would you pay the full 100%, or still do 75% Loan to Purchase price and have borrower put money in?I