As long as you have a funding partner (multiple) that believes in your direction and you can consistently perform I think it’s a great strategy.

The route I chose was newer build properties that would appeal to everyone, especIally working professionals desiring somewhere nicer than any non-student apartments.Seeing consistent rent growth with those in addition to healthy appreciation due to location in the path of growth.

The weekly rental is going to deter most lenders out in the multifamily space, no matter how strong your P&L is, because it's not consistent. 

We invest both passively as an LP in some deals but primarily we co-sponsor/GP syndications and are active in those projects.Since LP level returns seem pretty consistent (2x for 5 years and increasing with duration) I'm more interested in what range other sponsors are receiving on their end to better understand how different groups are using OPM.

If you see a consistent pattern of disappointment, assume that will be your experience too. 

Hi everyone, throughout my research I consistently come across those who preach the 50% rule.

I consistently see 8% rates of return. 

:) One that gives me raises every year as the consistent increases in cash flow and appreciation continues every year except in the financial crisis for a few years.I will probably continue to buy properties and self-manage them until I see it will take more than 20 hours a week.BUT, with all the automation, smart sensors and leak and smoke detectors, wifi cameras and locks, etc., I am wondering if the only time consuming event will be bad tenants that need eviction.

And, of course, adequate records must be kept substantiating the expenses consistent with the documentation requirements of the tax code."

List Price: 135,0003 family, 11 beds, 3 bathsTax: ~5500Location: Schenectady, NYCondition : 8/10The clientele is more low income and it is in a crime raided city but seems to have consistent turnover.