Still unbelievably cheap it appears to me.

I was originally looking for value add opportunities but my loan program is pretty restrictive so I dove in but Im a bit skeptical.

So they appear to be vinyl glue down tiles.

Incorporate "The Millionaire Next Door" and "The Total Money Makeover" by David Ramsey into your reading program.

I'm in San Jose working with a youth corps programs that is starting to do Tiny Home construction and we are reviewing all the regs etc for California -- the hope/goal is to make quality homes to service our homeless population then the community then eventually FEMA etc...These will be on trailers - Our approach will be to approach members in the community who would like to have the extra rental income by having on elf these on their property -- no doubt there's a lot of hurdles ahead of us but we have a record of building/construction - the challenge will be the market and regulations  which I guess always is the case....

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

DFE is a great program that far too people truly understand.

Fannie and Freddie just announced that they are going to stop their investor program.  

I see in their supplied Proforma that Net Operating Income is $75,720 and their listed Cap Rate is 5.11%.When I do the formula for finding value (value = NOI/Cap Rate), I end up with $1,481,800.What this appears to tell me is that they are charging a $218,200 premium over the value of the property when figured against a Cap Rate of 5.11%, correct?

I've been watching lots of videos and one company has contacted me to sell us a training program with 3 options; 1 is for $7999.00, 1 for $10,999.00 and 1 for $13,999.00 .