Quote from @Allie McAlister: @Fulati PaerhatiMemphis has a lot of options under the $200k mark for cash flowing investment deals. 

Properties in Tucson are closer to that 1% rule mark or even other smaller cities but then there is more risk. 

@Mark Cruse  We've owned condo units in a development where the first build units included heat and hot water in the condo fee, among other charges. 

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

As inflation drives rent growth, properties in stable markets like the Midwest can continue to deliver returns even in higher-rate environments.Market Conditions Favor Real Estate RecoveryThe commercial real estate (CRE) market has faced significant challenges in recent years, but signs point to a recovery:Bottom of the Market Cycle: CRE appears to have reached its low point in late 2024, with 2025 marking the start of a slow recovery phase.Limited New Supply: High interest rates have curtailed new construction, which should drive rent growth in the coming years.Policy Changes on the Horizon: There is growing discussion about potential policy shifts under the new administration, including a return of 100% bonus depreciation and lower interest rates.

Here are 2 links that breaks down the legislation a little more plainly. https://www.nj.gov/dca/divisio...https://www.nj.gov/dca/divisio....To address some of your questions @Mark F. - I will only answer what we definitively know within our organization, I cannot speak on behalf of the state or nonprofit behind this new legislation. 

So don't bench mark list price.

My lot size is 7,467 sq ft --- just under that 7,500 sq ft mark.

If a PM handled similar situations, they would be using their HVAC go to technician, they would take a certain % of the total and add ontop of it for themself, parts would probably get marked up, it would be like 3x. 

If they did no due diligence, for a 506c it is up to them to verify accreditation but also do not think if the deal goes sour that you can claim you did not know, as its also up to you and you knowingly filed a fraudulent subscription agreement by marking you are accredited.Two wrongs do not make a right.