G'Day Zach,There will always be great deals in any market as long as you look/work hard enough.For example, we buy various lists like evictions, probate and tax delinquent just to name a few.We offer low, negotiate hard, close with cash and close quickly.This enables us to buy 1 out of let's say 100 for 30 cents on the dollar.As the saying goes "The more mud you throw on the wall, eventually some will stick"Lot's of cold calls and chasing but it's my full time gig and that's what I do 🤷‍♂️I have always believed that "Cash is King" and you don't have it.Wait till you do.Just my 2 cents.As you will see mentioned many times in the forum, Ohio has great cashflow.So does, Michigan and Indiana IMO.You will probably find the most cashflow in these markets and if you look even further within these markets you can snag great deals in tertiary cities of those states.Wishing you much success

He bought the home with no money down, Home town Heros program and creative finance, then we developed the property by improving it with electrical upgrade additional meters and more bedrooms.

Black Friday usually offers the best deals though other holiday weekends get pretty close.

I frustratingly see so many deal offers, particularly in Multi-Family space, where GP/sponsor is putting nothing or next to nothing into the equity portion and is collecting 2-3% acquisition fee/ 0.5-1% loan origination fee/ 1.5% yearly asset management fee/ 1-2% disposition fee and then 50/50 splits to 60/40 splits over fairly modest hurdle rates of like 14-15%, and it seems this latter structure incentivizes GP to take more risks particularly with debt options.

However, we do not want the tenant to pay for the electricity that we use.I contacted Edison and the County to see if we could install an additional electric pole to have a separate meter, but they said it is not allowed to have more than one pole for our property.I found a sub-meter on Amazon, and I wonder if it is allowed to install one on the electric pole, so our tenant can see how much energy we have used.

Joining BP is a great step, but when you've educated yourself and have met some folks, start talking to lenders and find a good investor agent... and start submitting offers!

In addition, you do not need to report the sale of the business or rental part on Form 4797.

Jamiek,VA is a great tool for home ownership and for making the move into REI since it offers 100% financing.

The bank typically offers 70-75% of the appraised value.

Who ponies up additional capital?