Thinking outside the box, maybe there are ways to grow the town, maybe the restaurant has items that are unique that could be marketed outside the town.  

I have been using my out of state crews to rehab my investments, but with the rapid growth of my investment company it is getting harder to keep up with our turn around time.

Assume a project cost in the 10-50mm range in gateway / primary markets 90/10 dealI currently use the following UW Assumptions: cap rate expansion: 5-10 bps per yearrent growth: 2-2.5% annualProduct type:                      mid rise affordable MF spec developmentTerm:                                 3 yrs holdYOC:                                   6-7%Trended ROC/spread:          150 bps > exit capLIRR:                                   16-17% EM:                                      2xLTC:                                    65%LPs pref:                              9%Waterfall:                            80/20 to 13%                                           70/30 to 18%                                           65/35 thereafterLook forward to what others have to say

Over the last 3 years, there's been a 28.7% growth in the median sale price of small multifamilies.

So, if you’re focusing too heavily on meeting or exceeding the 2% rule, there’s a good chance that you’re going to end up investing in bottom-of-the-barrel markets with little to no equity growth (other than through loan amortization).

There is major mold growth as well which would require more than a anti- microbial agent to take care of.

And as stated one Guru was adamant that wholesaling was not the answer their focus was simply on Fix and flip to retinal or fix and hold for long term growth.. they also sold no homes or anything else.. but they did charge that's for sure..

The rents outlined in the listing are below market rate.The 1 bed 1 baths have a bit of room for rent growth and the 2 bed has quite a bit of room.Appreciation seems to be all the rage in Oakland investing.

The response when people hear how much skin I have in the game ($25k but will probably increase that this year to grab some additional growth coaching) with my education investment has been overwhelmingly positive.

I believe firmly in our future and know there is more growth and exciting developments and opportunities to come.So hi everyone, haha!