I moved to Memphis TN a couple months ago to take Advantage of the Cheap Properties here.

@Varinder Kumar 4k sounds awfully cheap especially for CA.

My friend/advisor with more experience says I am being a cheap knucklehead and that the $20k is not relative when you factor the forced appreciation and income/valuation of the improved asset(proforma), but, I think it is math and $20k is always relative and I have my criteria(4.5cap) and was very transparent about it from when I first submitted the original accepted offer, and my DD uncovered several hidden deficiencies that make the credit necessary to maintain my original underwriting numbers and even though I understand my friends rationale, I don't want to give in any more slack(adjusted to 4.4cap), than I already have...What do you experienced multi family acquisition people think?

Taxes high buy houses were so cheap it worked out.

As you replace them, be sure to point out how easily sound travels between units, stress the quiet hours, etc.

I'm an avid traveler (27 countries and counting) bicycle tourer (most recently road from Florida to California) and rock climber.

I'm a Real Estate investor because of legacy/charity/travel.

I’m using TurboTenant for property managing and my first applicant is traveling from Ca->Pa and has no proof of income, but her husband is applying as well and she said he’s the one with the income.

Most of the courses are pretty low on useful information tbh (and they're not exactly cheap).

I didn't mind, even though it was sleazy, because it was still cheap.