You would be looking at 25-30% down minimum In this market.

ROE is good to calculate over time but in high appreciation markets like SD will sometimes be tough to swallow. 

Does anyone own or have specific experience in this market? 

Understanding the Lease Agreements: There is no lease agreement currently in place, and the tenant is paying about $400 lower then current market rent.

Market Appreciation is where you will make the most money over a 10-year period but is the least predictable. 

You'll need at least 50 doors in a good market and that takes time. 

Boston is always going to be one of the strongest markets in America.

You need market research and understanding of the numbers otherwise you build nothing.

I want to do both cold calling and sms texts to find off market properties that i can wholesale.

I’m not an investor (yet) but as an agent and having been in property management for a number of years, I can say that Taccoa’s rental market is pretty cold right now with only a few rentals currently on the market and a median rent price of $1200-$1300/mo.