I hate to use this medium to debate someone like you, but if I don't response forcefully to cyber bullies like you, others like you would think it's okay to come on line and make stupid attempts to destroy reputations when you have no legitimate basis for complaining.Even if we failed to act on your submissions, what stopped you from working the deal yourself and keeping all the money?  

Despite the occasional attempt to game the system, this site is extremely well moderated and maintained.  

Living below your means so you have money to invest, and attempting investments (sfr and vacant land) will, if nothing else, give you hands on education.  

Cap rates are also different as being acceptable by an investor of larger multi family as opposed to smaller 5-10 types primarily from effects of early depreciation.As to specialty areas,  I haven't seen Joel's concern as to multi family as much in business and RE, office-warehouse, warehouse, storage facilities, general office are not difficult, I'd rather see an appraiser admit they don't do agriculture, industrial, hotel-motel-hospitality appraisals than attempt to and screw it up costing a few grand.

I will be lucky if I can post this, as my last 3 attempts have failed. 

But, after a situation where a tenant threatened to break the lease, I realized how ineffective that smaller security deposit was- it wouldn't have been enough if the place had been vacant for a month or longer despite a reasonable attempt to find a replacement tenant.

That's exactly what I am attempting to do in finding a worthwhile multi-family home and utilize FHA for rehab.

I am attempting a similar strategy in ATL, and it seems to have legs.

This is my first attempt at an in depth question since joining the forums.

The property wont finance with a normal lender so I will attempt the seller carry until I can rehab it to refi into a conventional.