@Bryan Laufenberg congratulations!!!

Has anyone read buy it rent it profit by Bryan Chavis?

I could have partnered or raised the capital, but wasn't ready to go down that path just yet.The apartment complex is located in Bryan / College Station.It's difficult to give you a solid answer on the numbers. 

@Bryan Williamson A disclaimer first: I am no attorney or financial expert/consultant, so please don't take my response as legal advice or indication that you should act in one way or the other.Now to answer your question: this question have been debated a loooooooooottttttt in BP.

@Bryan Luisana your statement - "Maybe I need to change my terminology.

The first car I used for maintenance calls was my buddy's white-and-rust Honda Odyssey with 200,000 miles on the odometer.

I agree with @Bryan O. if you can convert the basement to a rental with separate entrance.

Thank you Bryan and Ned. 

If I were you and had those goals, I'd take your $300k, lever up a bit, and buy some B-C grade rentals or a larger complex in any number of Midwestern or rust-belt markets (Indianapolis, Cincinnati, Pittsburgh, or Detroit come to mind as off-the-cuff options).I think you'll find that 12% CoC is eminently reasonable as a goal and won't require you to go off the rails with something super risky.

Hopefully this trend continues.well one reason for burn out is that 97% of those who say they are going to wholesale never do it.. they burn what little cash they have become more broke and quit.. but as you know being a national funder in most rust belt cities I see them daily on huds so they are still alive and well in the low value asset rental houses I fund.. sometimes there will be 4 of them on one hud making 1k  a piece and occasionally some of them make good money..