Dont waste your time game-planning.

A little about me: My husband and I live in the SF Bay Area, we have a 3 year old and a newborn and we both work W2 jobs in the biotech industry.

The more rehabs you do the better understanding you will have of the market for contacting work and materials.Doing a rehab every so often prevents you from being sharp with your budget.For those with limited exposure, ask others in the industry and always run your numbers based on being overbudget and overtime. 

So you cannot just look at industry Cap rates alone unless you understand an operators abilities for higher yield on costs.BAM Capital is becoming an institutional investment company in multi-family Real Estate with Brokers.

Historically industries have been killing competitors in this way.

One tip is to start looking into meetups to connect with investors / others in the REI game (in person/online).

Anyone dissing Jerry, or anyone else out there who is genuinely putting in the work and deserves every penny they EARNED - In addition to dropping gems that are unmatched in the industry are either under a rock, or don't know what they're talking about because they haven't put in 2 mins of the work to give the man a chance.

Success: stablized a great industrial IOS deal to a 12 cap.

Its a hard explanation on this part of the industry however I have decided to stay away from real estate and continue my path investing in the SMP500.

Use next 4-6 months to learn by listening, reading and watching how the real estate investment game works.