Does anyone know of any more potential limitations that may make it too difficult to do business in some states.

So the cap rate is 5.9%.

I am looking for more investment property, everything is a 7 to 8% cap rate.

I'm closing on two duplexes in a a few days and had a difficult time with comps as well.

I also acknowledge I live in a lower cap rate / higher appreciation type locale so that can tweak the strategy slightly.

To be honest, it was more difficult than I expected and there was quite a bit of material on the test that was not covered in the class.

The reason for me is that I can increase cap rate by not paying HOA fee every month(7 units x 200)..Any pros and cons?

I'm brand new to real estate, because I was always told how difficult it is to buy a house, let alone invest in a property, but now I have learned that is all simply not true (I do know it is not easy, per se, but it is attainable with some hard work and diligence!)

@Sundri KhalsaMay investors find it more difficult to cash-flow with a condo because they may potentially have high monthly fees.In general it is hard to cash-flow in areas of close proximity to NYC.However, I find it hard to believe that a Condo is selling for as low as $270,000 in Jersey City.It is in the west-outskirts of Jersey city towards Journal Square?

That way if a lawsuit comes down, at least in my mind, it should be more difficult to reach my personal funds.From another angle, you should have no trouble tracking the money trail in another account if needed, but gets more complicated if you include all of your personal transfers.