I finally delivered a "notice to quit apartment in 3 days if repair not done" to property management company. 

Still great for used furniture or who delivers mulch, but not for renting your home.  

This can make all the difference in the world when it comes to your cashflow for me I have 2 properties that fit this contrast well Property A I pay $7200/year in property taxes and Property B I pay $3000/year which as you can expect makes a MASSIVE difference in my cashflow comparing the 2 properties which have similar financials otherwise.Best of Luck but I would keep pushing to find the niche in your market that can deliver strong financials but doesn't carry the HUGE property tax bill.  

There are TONS of sites that say I can buy that information, but the last thing I need is some site that does not deliver hitting my credit card every month. 

But, if you're doing just open storage that's super easy..... just design a site plan and get crushed concrete delivered and put it down.

These professionals are experts at digging into truth/story situations and deliver a detailed report for your tenant record including photographs.

I feel that the product I could deliver would be in high demand and there would be virtually no vacancies once this is completed.

I missed the 115, I saw a beginning of 80, so no, it may be up in the 60s, don't forget your costs buying and selling and of foreclosure.Do your own due diligence as to market value, many of these are sold over priced so you can't really judge the value based on what is owed on an installment deal or its sale price.A contract for deed puts you in a position to deliver title, you buy the obligation along with the property, buying subject to the CFD.

If the mortgage being delivered to Fannie Mae is secured by the borrower’s principal residence, there are no limitations on the number of properties that the borrower can currently be financing.

Come 2016, demand will likely soften, given a huge number of new apartment projects that are to be delivered in the next few years.For investors interested in the multifamily space this means that there should be more emphasis where multifamily acquisitions/development should be taking place, with a focus on a more desirable neighborhoods, such as Federal Hill, Fells Point, Upper Fells Point, etc., areas that are likely to be more resilient to rent reductions once the city will become more saturated with apartments in the market.As far as heated cap rates go, I agree, they've fallen A LOT in the last 18 months alone, so it makes it that much more important to be prudent in your underwriting.