Fast forward to now, a fresh 24-year-old, recently booted from my cushy W-2 job paying $80k/year, left to ponder the meaning of life and the potential of my bank account.Now, I find myself in the trenches of self-employment at my buddy's small business lending firm, with a 1099 in one hand and $75k in student loan debt in the other.

A lot of opportunities to buy aged C-class homes at 8, 9, 10 caps.Small investor expense ratios are 40%.Large operator expense ratios are 37/38 %.Large platforms/institution expense ratios are 33/34%Big benefit of blanket insurance policies is to drive costs down.A lot of BFR is looking for a bridge product for 2 years to hope rates get back down in the 5% range.Cannot use HPA on BFR communities you plan on selling based on cash flow.5-18% rental premium being achieved based on new construction communities compared to new construction scatter sites.For real time comps go to biggest operators BFR, small multifamily.More confidence about the cost of construction having stabilized.Some products which will not be good for retail buyers will also not be good for rentals.

I quit my w2 cause I hit the .01% of success in it-- created small businesses then failed/succeeded on those.

Hi, I am a 37 year old half English, half Spanish guy living in Madrid, Spain and I have an unrelated business (Speciality coffee roasting) but have really got interested in investing in real estate as a side business and to help build long term wealth.

I am a newbie in the new construction world, and am currently looking to build a 4 plex ground up in Cornville, AZ which is in north phoenix.

You're income certainly isn't "normal" and some banks might shy away but this is a personal business and if you have a track record, I think you can find a bank to say yes.

You need to do a line item business analysis. 

IDKCurrently considering opening a FB business account and posting my rentals as a sponsored listing with an FB allowed link to my property manager's application webpage. 

for that, i use reihub (the extension of rentredi). i use quickbooks for my other business but my RE portfolio doesn't require something as robust.

In markets where there was lots of new construction like the greater Austin area or Boise area will see a drop in rents.