Areas such as southern PG County offer a high price/rent ratio but lower appreciation and higher risk.

The explanation above is how the market as a whole reacts to perceived risk.However for a Specific building, paying a lower price means higher returns and lower risk.

RecapSell current home - buy new home - 1614.20/month out of our pocket - Rent current home - buy new home - 867.87/month out of our pocket There is obviously things that I have not thought of, and of course nothing is ever set in stone from a renting standpoint, but it just seems to good to be true that I can keep my current home with a lower downpayment on new home and our out of pocket mortgage on the new home is SO MUCH CHEAPER.  

But housing prices in LA/OC are ridiculous (back up to 2007 levels).

I have about $60k equity in my primary residence, so the opportunity to lower my rate slightly AND be able to reinvest that equity in another property (or two) is very attractive.

Sometimes you try to get really active but end result is the same because PM is your boots on your ground who you have to place some level of trust.

I was under the impression that bank are  either 80% appraised value or buying price whichever is lower in the first year, hence brrrr isnt an option with hard money.

We are struggling to lower our financing costs.

I'm looking for a firm that understands real estate investing and can advise on the proper structure and financial strategies to lower tax burdens. 

Middle Income is about 54,000 so that is about 1,300 a month in affordable rent.So for middle class it was saying take older apartments 20,30,40 years old that have lower rents and update them but make sure the new rents are not above the median income earner level.Multifamily New Construction