LP contribution, Fees, structure, preferred return etc. get bundled up into how the capital stack is designed and the cost of equity will deviate from one syndicator’s projections to the next.

Don't get me wrong, these come with their own challenges, such as the high minimum investment ($50-100K, although that's also about how much you'll need to buy a rental), and the difficulty in finding reputable sponsors.

But all other sub-market is still going to All-time-High still.btw people is actually only leaving san francisco, especially the city part, for Single family with good school it's the strongest market in the country still.

I am thinking I will start by targeting Arnold/Imperial and work out from there if necessary, probably west toward Murphy/High Ridge/House Springs before moving south.

If you want to get an idea of all that is happening in our market I would highly recommend subscribing to the Triangle Business Journal. 

Any do's and don'ts would be highly appreciated. 

You may find in this environment you will be asked for 30%, 20 year, higher rate, which makes this deal look worse.If you pay cash....quick napkin math assuming 50% of NOI for expenses that leaves you with ~$70k which is a 3% return. 

It's helpful for our community to get feedback on these high-priced courses. 

There has been less risk and very good returns that  continue to build. 

Honestly make it high enough so that you are happy either way.