I am trying to sell a condo rental property and thought someone maybe had some good tips.Thanks, William Jobe

I am also RE agent and have already advised my clients not to buy any condos unless they are really financially and emotionally ready for the risks involved. 

Pay close attention to the capital stack, how much debt there is, how much preferred equity there is, how much the GP is co-investing, how much they project rents to rise organically every year, what exit cap rate they're assuming, how much cash reserves the property/investment will have, how much does the deal returns change when you add 50-200 bps to the cap rate, what is your breakeven occupancy and exit cap rate, and a bunch more. 

I am a small business (housing provider) and I have one rental unit in Pomona and am building another.

I am here in St.Pete and funny enough also from Massachusetts. 

Here's my recommendation: I am thrilled to recommend Tanja Vargo, who recently provided me with exceptional service in my search for an investment property.

I am considering buying a property in the Myrtle beach area since it seems like it’s an affordable are with good cash flowing properties but it seems like the crime rate is above the national average.

I hope this post provides insight on why I am bullish on investing in single-family homes with ADUs versus smaller multifamily.

Unless you are in one of the exceptional markets with a 1 of a kind property I would recommend doing any flip that remotely approaches 70% LTV, I am seeing a lot of 60% LTV projects, those investors with make money. 

I am offering $260k.