., as the average effective property tax rate in the Lone Star State is 1.60%.

Now worth $650,000Step 5: Brought the four family rents up to market rate which is $5200 per month.Time to complete: 10 years.Cash flow went from $350 per month to $2,000 per month.Properties are now worth around $1,000,000.Success story BStep 1: Bought a condo in 2014 in a HCOL city for $200,000 and rented it to a roommate (house hacking). 

Does anyone actually believe the reported inflation rate or that US denominated debts (worldwide) will ever be repaid? 

Directly North is still A market-Shawnee)It looks good with straight investor metrics using Fannie Mae conforming loans (25% down, 7.1% rate with a few points) and easy ARV monthly rent of $1700/unit ( I get this number based on the exact same floor plan in Raytown with complete rehab placing a tenant at $1500, and Raytown gets lower rents than Roeland Park KS.)

The rate is about 5.25% or similar for 5 years.

Interest rates are high today, but do I wait and buy when rates drop or wait when prices jump? 

Parks get shuttered and sold for new development when park owners fail to keep rents ahead of inflation and competing CAP rates and other uses become more lucrative.  

Personally I always want my mentors or teachers to have a proven track-record in executing the exact strategy I am looking to learn, and I don’t discount that experience just because they are teaching (David Greene from BP is a great example).

Funding: my plan is to shop around hard money lenders for purchase and rehab for best rates/fees/down payment.

@Gerald Maczuga,The Long Term Capital Gains rates for 2024 include a 0% bracket for "married filing jointly" that caps off at $94,050.