I did an 80% loan from a local bank and a 10% seller carryback.

. * We can only imagine the morass of bureaucracy it will take to administer Rent Control, housing will be forever taken off the market and it may encourage an illegal black market in Rent Controlled units.https://caanet.org/votervoice/You can contact your local reps here to fight this injustice!!

That's great you're plugged in the BP community, but I would also look in your local market.

Ease off the gas pedal local governments, holy sh!

totally hear you, pre 2021 in knoxville was a totally different ball game. again depending on your goals and strategies, your expectations aren't unrealistic. some deals may require more of an investment to make the numbers work like one of my student rentals that was a full gut project and took nearly a year to complete yet it spits out 15% cash on cash returns annually and i purchased that late 2022. investing in general is a risky endeavor, it's all relative to ones own risk tolerance depending on their position. we try and make calculated risks and look to evaluate multiple exits before pulling the trigger, yet there is still some risk involved. maybe a reit or syndication is the way to go if you want to be in real estate yet don't want to take on the properties yourself. either way i'm happy to make some local connections. 

I will apply to some local lenders and see where I can get going the cash out mtg route. 

If you're interested, we have a local group of investors that meets once a month.

Network network network.Work with brokers and the local investor community.Strong social media presence.Online networking events on Zoom and Meet Up.Attend multifamily conferences.

I think one of the big picture issues is to be frank for the average person the will proably get better risk adjusted returns in the stock market and maybe even bond market right now, so theres so very broad sense in which kind of the whole thing is broadly scammy. however its the hardest time to buy a house since at least the 80's more content or maybe even another site aimed more a primary home buyers, with stragies for that, rent vs buy analysis, much more local coverage etc, it's quite possible if not likley this may just be a lost decade for r/e investing.

Check with your local zoning about splitting your parcel to create a new address.