Experienced investors think they have it all figured out and **** still happens and delays things somewhere.

I gave PM margin as discount to my tenant, to minimize vacancies.

I've been looking at possible SFH (for quicker turnarounds and easier maintenance as well as management), either HUDs or other distressed properties, but with my analysis have been seeing that the cashflow is extremely minimal.

I'm comfortable generating a return of over 12% cash on cash, 20%+ IRR while developing unique ways to minimize risk, providing high-quality rentals to my tenants, and sleeping well at night.I have friends who buy and flip 20+ SFR rentals in Detroit, deal with unsavory people, but likely generate over 60% returns annually. 

Please see delayed financing for less than 6 months after closing.

I have a bit of information on what I might be eligible for, but it would be great to hear from someone who will know nearly all the answers.Zachary,  Cedar Park is nice, but I work north of the city and we are hoping to minimize the commute.

I believe all of this together minimizes risk in whatever venture one chooses.

1/7/2016  Wesley - thanks for the post and  creating some good thinking ..... if you are desiring to  purchase a  primary home ....its  likely to not  get any less expensive in the  future ....so if you are waiting for  prices to come down - this might be a long wait .....if  you buy a condo  and  want to use a FHA loan  to minimize the  down payment - be aware that  the condo complex will need to be FHA approved  ( not many are any longer ) ...that being said there are  some conventional loan programs  that allow as little as 3% down . 

Major kudos for getting out when you did and minimizing the damage.

I'm not really a private lender... yet) for a very short time and want to make sure I understand the calculations correctly.Amount: $10,000Terms: 30 days max (guaranteed 30 days worth of interest), 30 day extension if needed.Interest rate 12%Story: It's just a bridge loan in case the closing gets delayed.