Also, if you're getting a loan on the deal the lenders might look at this from a multifamily perspective and not give as much weight to the residential ARV and they may look  at overall Net Operating Income from the entire deal and apply a cap rate to come up with a value.

Columbus is the only Ohio market that has seen rapid growth in jobs and population.

Tampa bay is one of the hottest real estate markets now in the US because of how rapidly we are expanding.

Most newbies see arb as scale rapidly and build wealth, clueless to the str risks coming down the pike. deer in the headlights.Originally posted by @John Underwood:I would like to remind people that arbitrage is creating a job for yourself and not creating wealth.

With this option we’d end up with a dinky home that’s not immediately in the desirable part of town but close enough to command rent that would close to pay for itself but is less likely to rapidly increase in value over the next few years due to its proximity to the highway. 

I did mean 6%+, its a case of the more the better of course (as long as major downsides werent introduced) and better returns suburbs would be weighted higher. 

The one thing that worries me about Spring Hill is the rapid growth has reached a point that the infrastructure can no longer handle the population.

Does anyone in Grand rapids have any opinion of how reasonable it is to buy properties right now and rent them out? 

When crunching the numbers, do they put any weight on the numbers for your projected NOI after planned rent increases and expense cuts?

Hi @Nate Jefferson Grand Rapids is a great market!