You'd want to google "West Oakland Specific Plan" to get the details on what the city is trying to do to promote smart growth in the area.steven

They promote a 93%-97% occupancy rate with an average lease term of 27 months. 

For example was the one we at NSDREI promoted for Dyches Boddiford for less than $500 after he spoke at our club.

In the very near future my generation will be buying/owning/renting the majority of residential real estate.We want flexibility, an investment, something that promotes community but also allows for independence and personal expression.

From Montrose, that still puts you in the Phoenix and Vegas markets, although Ventura County has opportunities as well ( shameless promotion) There are plenty of markets where you don't have to worry about snow or flooding.

Then get better at your job, get promotions and save until you've scraped together enough money for a decent deal.

It's used so the agent can make appointments on the houses that interest their clients, promote listings that they have, open houses, etc.

I bought these properties when there is promotion to (a) waive management fees for a year (b) reimburse mortgage expense for one of the properties until it is tenanted because it was not occupied when I purchase it. 

You can expect investors will want a preferred return of 8-12% that is paid out before you as the sponsor get any promote.

I know a guy, but I can't mention him or I'll get flagged for self promotion.