@Jordan Coates I see every purchase/refi with a national lender as a wasted opportunity to strengthen relationship with a good local lender.

San Jose has generally had better than average total returns still ( #4 nationally since 2000)?

.-10 minutes to great local restaurants-Boat ramp 3 miles away (w/Parking)-National Forest 15 minutes away-Cumberland Falls 45 min away-Wildcat off-road park with 2,000 acres of riding 3m.

There might be a handful of people in the nation that fix and flip successfully and thats it, no other business for more than 5 yrs.There are hundreds or more likely thousands of investors that buy, rehab and hold successfully and have a pot of gold in their portfolio that keeps growing.

First, I agree with a target of 15% to 20% annualized return for value add properties is a good minimum target for real estate.Two thoughts on the apartments:A lot of apartments have been purchased on pro forma for converting to condos where they assume a purchase of $100,000, add some for condo-ing and fix up, then sell for $150,000 or more.Or, If it's an institutional buyer with all cash, a stable 4% or 5% cap rate with possible increase may work to make sure they have some residential in their portfolio mix.If I missed your question let me know.

During those 200 years, these nations always progressed through the following sequence: * From bondage to spiritual faith; * From spiritual faith to great courage; * From courage to liberty; * From liberty to abundance; * From abundance to complacency; * From complacency to apathy; * From apathy to dependence; * From dependence back into bondage.

All in the name of higher profits.The United States is now a debtor nation that is running toward socialism, while China is a creditor nation that is moving economically toward capitalism.

OH look, another bad debt to acquire.Maybe I should have a sex change, a nationality change, and spit out a few rugrats.

Some will finance foreign nationals.

Look at Henry County Ga deed records, sesarching for Foreclosure transfers that are not financial institution buyers.