With things going in the direction that they are going, it may get a bit higher but overall these numbers have seen to be pretty competitive among other lenders for our space. 

after principle, interest, insurance, and hoa fees. i believe im looking at 1200/m  .. which to me sounds ridiculous as my loan on the 218k house was 1200/m. add another $100 for repair costs(hoa covers outside i only do inside) then i break even at $1300. so renting for $1300-$1350 to stay competitive. 

We also have a very active Facebook group for people to ask questions and post deals in between meetings.Due to market inventory being in short supply right now, competition for deals is high.

Everyone is trying to get in because of all of the money that WAS being made but I think that with so much competition that it's now driving down prices...I'm sure that there are other factors as well.Good Luck!

A good way to find deals (as a little guy) in an expensive and highly competitive market, is to look at the properties that have been sitting on the market the longest.

@Alex BrownMaking an offer on a house that gets accepted can be challenging in a competitive market when demand for homes outweighs supply.Getting preapproved for a mortgage can help to strengthen your offer and signal to sellers that you're serious about buying.A trusted real estate agent can draft and submit your offer on your behalf and negotiate the details with the seller's agent.When making an offer on a home, it's important to keep your budget firmly in sight to avoid paying more for a house than you can realistically afford.All the best!

The larger challenge in my opinion is going to be finding a 4-plex in metro-ATL that will not be sold from under you because of the speed and reduced contingencies your competition is going to present for anything on MLS.

Get away from NYC and it's less competitive. 

They did it because the market was super competitive then and it was a way for them to make a cash offer with no contingencies. 

While waiting for this home to go into extended period, knowing there will probably be high investor competition, this other home came along and my daughter can move into it.