Much better value that closing in Metro Atlanta, let me know if I can help?

I'm copying my response from a previous post:1) Investors were chasing Class A rentals from 2012-2020, before their values exceeded their pre Great Recession highs and they wouldn't cashflow at purchase anymore.2) So, investors started chasing Class B rentals in 2020-2022 because of #1 above.

I know a lot of investors have done very well in Peirce County but I just haven't learned or know enough about that market to make an investment there.Washington state properties are expensive and can be difficult to make breakeven let alone cash flow at this moment due to the combination of high prices and interest rates. 

I don’t care if you steal a property, high quality tenants will never sacrifice on being safe and feeling safe.  

Can you provide references?

Last piece of advice is to surround yourself with quality service providers (real estate brokers, lenders, accountants, attorneys, PM's, Contractors, Insurance Brokers)., They will be instrumental to your business. 

Shock value. lol We love to see it! 

For almost $100k a lot you want a pretty high NOI to make sense of it, like over $300k IMO I agree.

Eventually, Class A property values increased to the point that even increasing rents didn't allow them to cashflow upon purchase.So, the flood of new investors switched to buying Class B properties.

@Ann Folan @Brie Schmidt @Bob Floss IIGreat thread, @Ian Kibbe. thanks for adding value everyone.