you need to walk into the city planning, smile and play dumb... give them a sob story about your sick Mother in law, and wanting this property, but you just dont know how they handle things. 

Should we continue saving for a 20% down payment or is that just playing it too slow?

To play devils advocate, does it matter if the person who is interested in selling his property a billionaire, millionaire, or dollaraire?

I am always looking for the crystal ball play for my investors as the market is starting to shift and the need to buy and hold will become a more and more effective strategy and prefer to make my statements data driven not intuition. 

I does have a steep learning curve but it is a powerful program. 

Here's my point, if you drive on the property and the parking lot has pot holes and you can't see the striping, weeds are overgrowing the sign, the exterior of the building has been painted in 15 years or, if brick, has never been power washed, what's going to be your first impression as you drive on the property, if you even make the turn.If you do come on the property everything you look at, even if the interior has been completely renovated, you're going to find fault and continue to look for what else is wrong.That said, as you're renovating the exterior the tenants will actually start to get excited.

This is why it's so confusing to everyone.In my experience IRR investors are usually institutional with safer investment plays.

The BRRRR method is so powerful and allows for so much creativity. 

Ep 151 won't play anywhere ?

@Christian BarthelemyHi Christian, I'm with an active multifamily investing group looking for 18-50 units (value add plays) in the Houston metro area and I would love added on your deal list.