For the short term (first couple of years), we are okay with the cash flow breaking even.

They own 2 rental properties and rent at market values, and have periods of vacancy between nearly every tenant switch. 

My example shows how that does not work EVEN if the cap rates YOU stated were on commercial properties.There is no use for cap rates on SFR's period.  

Some in the Cierra but it's very short-lived. 

I'm gonna try and keep this short and sweet. 

You can not possibly calculate expenses for any particular building for less than a 30 year period which means no one that has been in the business for less than 30 years can do anything beyond give an estimate or provide a number.

I was previously on BP but (long story short) got a new phone and email got hacked and I had to start my account over again. 

@Nicole Wyckoff - the short answer is no.

Are short sales less attractive since end of 2014, since now banks can go after deficiency or 1099 the owner?

Hello All,Short version: Does any one have a recommendation for a portfolio lender / private lender in SC?