😀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

We decided to buy a SFH fixer that we can have some kids in. I

This emergency fund should not only cover you mortgage expenses, but will give you a safety net in case something does go wrong after your tenants move in. I

Figure our your goals first, keep it simple - Do you want to house-hack or invest out of state if the market you live in is too pricey?