This seems like an amazing community and I appreciate all of the useful advice I have already been consuming on here.

And it does what cartels do, lobbying to for licensing laws to limit competition--for the "benefit of consumers," of course.I take your word for it, @John Thedford, that it is illegal to wholesale without a license in Florida.  

I've been lurking around, learning, reading the books and consuming podcasts like crazy trying to increase my knowledge here ready to jump off and start finding some deals.  

I will be working as a housing and consumer litigation summer associate for the summer.

While not entirely rational, the MFRE market is dominated by professional investors, and is therefore more rational.MFRE Is not strongly correlated with the overall economy, while SFR house prices are strongly impacted by consumer sentiment.  

@Sergio Rodriguez, I feel your pain, finding deals is a complicated, time consuming process.  

I am currently driving for Uber part time, helping me to learn how to talk to people, and keep an eye out for vacant properties while earning extra cash, and have spoken to a few consumers who said that they work for a developer who does want students,  but is over whelmed with students looking to rent.If I can be of any assistance to you, please let me know.Carl Talley 

I've never done them but I've heard they can be a bit time consuming and paper heavy.  

Fast forward to today: Milwaukee has been in the news lately quite a bit - Foxconn (one of the largest manufacturers of consumer electronics with 1.3 million employees) has announced a 10 billion dollar investment in a new plant creating  up too 13.000 well paying jobs in Southeast Wiscinsin, probably Racine or Kenosha - close to the lake.

I see some new stuff in Memphis about 150k ish..out our way forget about it.. we are pretty much 100k per lot 20 to 50k for permits before you go vertical. 300k is the new 200k ... and in our market its really the 400k is the 200k.. sad but true.. our govmit keeps addition fee's and conditions that are passed on to the consumer.. even though the big bad developer takes the blame you can point your finger right at the system developement charges and planners