Introduction:My name is Peter Firehock, I am currently an Acquisitions Associate for a multifamily investment fund in Washington D.C., BPG Holdings.

I love la Vegas investing.

Then later on purchase homes with cash (single family homes), I would like to learn how to read the market and know where a state or city is thriving but also learn where it's not.

I tend to invest outside of how the average investor invests.

Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k too much for the land unless your exit is 3 million. don't reinvent the wheel. no single family home builder is paying 300k for land. that's miami florida prices where I live. we buy land 50k and under in Columbus Ohio. keep land at less than 10% of after built value.

If you are single or married with a small child, buying a duplex or 4plex should work well.  

I recommend that Detroit market for single family turnkey rental properties.

Or his investment/local area. 

The lenders were very good and communicating at first, but as we got close to closing, we could not reach a single person in the company during business hours.

I have had wonderful renters each year, relocations to my area who need temporary housing, but this year have not had even a single inquiry (priced the same as previous years).