I would take full responsibility for the existing tenants.

Piggybacking on Mackaylee's post.

There is a whole thread started by an investor who publicly shares his crowdfunding deals using a Gsheet, here: https://www.biggerpockets.com/forums/520/topics/294382-i-put-2-million-into-20-crowd-fund-deals-posting-performance?

Inventory is now very substantially above the extreme lows seen in recent years, when inventory in the Austin area fell below 1 month (very extreme imbalance between demand and supply) for a sustained period.Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single family home in the City of Austin over the past two years:The median price for a single-family home in May 2024 was down roughly 10% from May 2022, which was the most recent pricing peak in the Austin market.For some context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:As you can see, pricing Austin is still substantially above pre-pandemic levels.

If anyone would like to DM me or respond to this post feel free, drop some advice and knowledge please, I love hearing different experiences from others which is my favorite way of learning.

Rijulalso check out another post in this forum group on who to stay away from - it starts with "do not invest with".. 

We work with many investors but we focus on value rather than price.Originally posted by @Saravanan Saravanan:@Samuel Ksiazkieicz and @Amy LuThere are various companies like foremost, diamond preferred, Aegis, North Pointe.. based on location, rental loss coverage, swimming pool in property or not, pets etc.; the rates are different for various locations.Normally, I use an agent; who helps to locate the  best price. 

I thought this post was about how you were messing up with BRRRR.

Assuming this is a true full NNN deal with good, quality tenants and you can finance your commissions and TI into your loan, you are earning a 10.8% cash on cash yield, using the limited numbers you provided.

Originally posted by @Shenice B.