Where I'm located the housing stock is predominantly quads and smaller... and its almost all converted SFH that are 100+ years old to boot (translated = rotted sewer lines, knob & tube electric, lead paint, asbestos siding & pipe wrap)... all the things that say OPPORTUNITY... and I've been missing it for over a year!

It's not intended to be an all inclusive list.

So to sum it all up...I think what I've learned most or how becoming a landlord has most changed me is to appreciate how fortunate I am to have been raised and been exposed to the opportunities I have and that I was not born into generational poverty and a limiting mindset.

Yes, the insight Paul provided in this episode will certainly help those of us that want to keep pushing and looking for more challenges/opportunities.

@Gregory Schwartz,compress your search a bit on BP, and target (pun intended) the military and military in deployment managing remotely threads.Also plenty of remote investing stories, some even including their methodology and steps...Your boots on the ground team counts more than anything.

Hello,I have been presented with the opportunity to purchase a house from a friend. 

If I price it according the cap rate method, I come up with 122000 Bank's highest bid is 70000I intend to BRRR this property, but not certain if I'm looking at a deal.  72000 purchase price (foreclosures in this area that sell to 3rd parties typically go for approxmately assessed value)Repairs 25000Buying cost: 500evictions/cash for keys: 1500Initial cash outlays: 99000Annual revenue: 22500Taxes: 1417Insurance:  1500?

I only accepted $100k and suggested he hold some for the next opportunity.

I know there’s a learning curve with everything but I’d hate for them to miss out on a great opportunity because I didn’t convince them to at least try calling someone.

So much to learn on here and amazing opportunity for networking.