@Kyle Klineall great questions and this is the challenge right now with both prices and rates high. 

Other things that impact the cap rate can be premium location, newer age for the property vs old building, quality of tenants, etc. 

@John CastleberryCost seg has become a highly popular strategy but there are several blind spots to consider.

Hi friends, Anyone in Houston have a solid recommendation for quality stair rehab?

Therefore, it is important to examine this "yield" in advance and choose a property with high profitability.

If it was my thing, ever high was in like new condition, and it fit the theme I was going for maybe I’d pay $5-$10k more for it to be setup?

Plus access to the small beach for the lake.HOA was pretty high and it made it tougher to make a profit plus the board was kind of volatile. 

They said if can get those, they would be very flexible with any other terms for the remainder of equity.Current roadblocks:However, PITI=~4300 >LTR=~3500 and entry would be high at 15-20% so likely the best exit for this would be to buy creatively, and hold until find a wrap buyer, which I am not familiar with how to quickly find.Other two best alternatives = quick pop and top flip by finishing basement + very light cosmetic rehab/upgrade OR MTR as within 15 min drive to 2 of the biggest hospitals and Atlanta GA, and close to the famous East Lake Gold club which is part of the tour.If you are familiar with structuring hybrid deals, wraps, and/or Atlanta GA markets, please reach out.

It can absolutely be done in California, and although California makes it very difficult to manage properties due to tenant-friendly laws, if you know what you're doing or have a great property manager, California is an excellent place to invest due to high appreciation.

Quote from @Evelyn Allasi: Hi, I am new here, new in RE in general, and I have a question, if there is anyone local from Akron I would highly appreciate the input.