Originally posted by @Red Smith: on Facebook ....

When you refi and hold you may not have any cashflow after debt service and one bad tenant or big repair issue can put you in the red fast.

I personally invest in Austin (16 units currently, mostly duplexes and fourplexes), but maybe more to the root of what you're really asking; there's a TON of interest from California investors in our state.

But just inland, you'll see yellow and red areas (ie, lower price points!)

I am in the very beginning of my red career and was wondering is anyone on here has ever raised capital to fund their investment(s).

Might be called Red Barn Investor Group or something like that. 

@Marita Jojo I always do nice spirit like don Julio 1942 or a bottle of red wine like silver oak Cabernet

If they are leaving valuables out in the open, leaving windows unlocked, or not drawing blinds, it is a red-flag.

They never seem to know how much is in their bank accounts, a big red flag.

I know a key with 1031 exchanges is the intent of the property, and that's why a red flag goes off in my mind regarding owner-occupied Plexes . . .