Hello,How do you build the self-confidence to approach a property owner about buying their property?

A lot of the conversations I had with the realtors that showed it had the same feedback, that for the PITI payment on this property, their clients could probably buy and new build and still pay the same thing (The house was situated rather close to a couple of new build communities).

The Bay Area will take more capital energy and buying in the Midwest will take more time energy. 

I am planning to buy a Single Family home by the end of the year and intend on "house hacking" (roommates).

If I buy a property with tenant in place, do I need to inherit the existing lease terms?

If you boost leverage to 75% the cash in your pocket is even greater and the returns get boosted again.Now go forward in time a few years and you can do a few things you can never do with a stock:If the property has appreciated, take out another loan and put more money in your pocket.Or, you could sell the property you can use 1031 exchange to buy a much bigger property, reset the depreciation clock and pay no income taxes at that time. 

If so we would be buying there as well, Wait you moved FROM FL to Ohio nobody does that LOL, where were you in Fl ?

As a buyer I probably would not buy it based on a wholesaler telling me it has more potential if I re-zone it.

Not all syndicators are similar, there are some that take on huge risks and they might not even realize it because for almost 10 years you could buy poorly and the rapid appreciation bailed you out, going forward they might not be able to repeat what worked before.  

However, if that were the case, builders who are already buying down rates aggressively would be selling more homes, but they aren’t.