Low barrier to entry and lets you get your feet wet.Stephanie

We literally went from making $14,000 our first year back to now in the low 110s by the end of this year.Between 14k in 2016 and 70k in 2017 and trending upwards for 2018, we were prequalified for 150k loan, assuming 10k in taxes and 5% down.

Dear all,I am looking to invest in an apartment complex between 5 units to maybe low teens (13,14) near a college campus under $600k.LoopNet has some inventory, but as mentioned in other forums I would rather get it hot out of oven.

We own the property outright but have a large mortgage on our own house (we combined both mortgages a few years back when interest rates were low but it will take us another 20 years to pay it off).

Interest and vacancy rates continue to remain low (for now) and the common perception seems to be that virtually anyone with some spare cash (or a self directed IRA) can fix, flip, reposition, rehab, swap, wholesale, lease to purchase, buy/hold, etc.

Also the cap rates look off given the expenses look super low to me.  

We’ve looked at hundreds of listings to familiarize ourselves and have found about half a dozen gems (light rehabs that would be an all in of 60-70% ARV).

If it's a low priced property you can get away with refinishing and painting, or replacing the doors and drawer faces.

You can buy a franchise as low as $25K and find agents to work for you

I buy from neighboring towns he does not invest in and get the properties low enough it makes sense to take the risk on buying without inside access or utility on.If you assume its paint and polish, you will get burned.