There is also the impact of economic turns that can impact a larger business (we went through the 2008 deal..prior to that doing 300 inspections per month...then the crash...that was a lot of fun.)  

I am from Minneapolis, Minnesota and am in college for Finance and Economics.

My mentor @Sterling White told me about Fort Wayne, IN.I know nothing about Fort Wayne so I have the following action steps this week:1) Ask my lender if he lends in Fort Wayne2) My PM says he does not manage in Fort Wayne so I have to research a good Fort Wayne PM3) Determine the bad parts and good parts in FW4) See the population and median income growth trends in FW5) See what are the economic anchors in Fort Wayne (major universities, hospitals, businesses, industry employers)Busy week coming up. 

If that's not an option, find one other partner and take down a larger deal. 75k loans investor loans are extremely small deals and as such, are barely economical to originate (hence the hard minimum).

The economics, financial, social and mechanical and legal make it fascinating to me.

I am essentially just looking for the most economically focused move, rather than the most liquid.

Rent is softening with people moving away from Seattle due to COVID, ongoing protests, and a crazy city council.I think the real housing crisis in Seattle is that $1,860 is still too expensive for many.Seattle has been making large investments in rent restricted units.

-I knew the area and economic drivers.

-I knew the area and economic drivers.

-Identify the highest-and-best-use given the current improvements, economic environment, tenant demand, and cash on hand.