Had a motivated seller call to sell her recently built commercial units. Has 2 buildings with additional 2 approved.  Then, found the owner of the vacant lot next door. He's willing to sell too. Attached is the breakd...

@Brian GarlingtonCleveland is hot.

You might want to share it, too:"HireAHelper, the online marketplace for finding, comparing and booking moving transportation and services, today released its second annual study examining U.S. moving trends and the No. 1 hot spot for those relocating is Scottsdale.This study is a unique and nuanced view of more than 25,000 moves booked in 2019 to identify exactly where people were migrating.HireAHelper looked at the origins and destinations of each move to find out which states attracted the most new residents, as well as which had more people move out of them versus into them.

I learned very quickly when I do that and call someone back with a super hot deal they just look at it without context and ask me to keep sending them more... they can't understand, compete waste of time.

Tampa includes, Tampa, St Pete, Clearwater, Seminole, Gulfport, Dunedin,Palm Harbor that are HOT areas near the beaches. 

For 1% rule you can do Brighton Park, Mckinley Park (harder and harder now there), Belmont Craigin, Bronzeville hard to find and super hot right now but pop up once in a while and then there is of course chicago suburbs (higher taxes in suburbs but higher % ratio of cashflow so some trade offs). 99% of deals aren't good.

Yeah, the numbers seem to be incredibly favorable.

A capex budget needs to include but not limited to: roof 25 year life span, floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span.

I think to get the 1% rule on ne side the house would need hard money d/t beeing a super hot mess.

I live in Colorado Springs so the market is very hot, but SFH prices are quite high, and multi-family is seemingly out of budget.