What this implies to the typical RE investor is obtaining significant cash flow is a big challenge right now and relying on other RE profit sources (such as a value add and not doing a value subtract) may be a more certain path of generating returns.  

Memphis is definitely worth a closer look.

The beach access limitations have been a hot topic for investors, and it’s definitely something to dig into if you’re considering the area. 

Jeremy Congratulations - I grew up in that area and cost of housing has skyrocketed while incomes have not, so there definitely is a need for affordable housing in that area (as well as pretty much everywhere else)

You can google or search on BP for definitions of cash on cash, cap rate, etc.

I definitely want to connect with and learn from those who have had success.

The advice I have received is that HELOC’s should be used for short term loans only with a definite plan to pay it off. 

This project was the definition of learning by doing, and now I’ve got the battle scars to prove it.

What she delivered was half-finished and poorly done—definitely not what we discussed or agreed upon.

I will definitely contact the zoning department again and get all the details.