We are in Texas.

Currently we are living in a 2bed 1 bath house 850sq ft home on a 10000 sq ft lot in a Good neighborhood in Rancho Cucamonga CA.

Some important lessons there as we are on the rise again with many people jumping in.

Combined, the offers were $316,500, bringing in $3,800 from the start which we are already upgrading to make that $4,300. 

We are mainly looking at SFH and small multi-family if we can find it.

You are right in that we are always on the outskirts of whatever is advertised as "nationwide coverage". 

The $1200 will always be more affordable and that is where I continue to invest but the $1800 has a higher upside, my concern is just where we are in the market cycle now.

We kind of shrugged it off because this is par for the course at times and we are going to be replacing locks.It wasn’t until we started contacting tenants and plugging in the info from the leases into our system did we realize how chaotic things really are.

I’m in a 506(b) on the GP Side right now & other than the ability to advertise under 506(c), one reason one wouldn't go with 506(b) and accept Sophisticated investors is increased liability.We feel comfortable and run a tight ship so we’re not too concerned; However, our SEC attorney has drafted all docs (operating agreement, subscription, & PPM) and has encouraged us to have the PPM be a more robust version because we are allowing sophisticated investors to colloberate. 

I would like to recover the rents that we are owed and switch to a different property management company that I have found.