Step 2: Understand that banks and lending institutions are primarily in the business of lending, not buying or managing real estate.

For what it is worth I heard through a contact that the big institutional buyers (i.e. invitation homes, progress, etc.) have been targeting 5.2% cap rates on new acquisitions.

@Remington Lyman Here in Houston demand can be found in the city and most surrounding burbs, especially for families (schools are much better in the burbs) also, people are moving to the suburbs since more companies are instituting “permanent” remote work policies due to COVIDNo never purchased or even been to Columbus!

This is the power of being your own “bank” instead of relying on a big financial institution with rigid repayment rules.

One thing that comes to mind within the City of Cincinnati (from a landlording perspective) is that the city has instituted some new rules on offering alternatives to a security deposit.

Larger institutional players are now doing build to rent communities as well.The financial modeling for these projects would need to be built custom for the specific use as you will have various scenarios to model like  finished lot scattered infill, finished lot subdivision and raw land and or unimproved scattered lots.

By doing so, Cook County can secure its economic future and ensure that beloved institutions like the Chicago Bears continue to call this region home." 

Hopefully just the threat of it will be enough to get things moving and force this crazy person's parent to put them in an institution and not let them run wild terrorizing the neighbors.

Plan is to roll it up to institutional investor.I've also seen Key City Capital doing this.   

Does that mean what I did was less valuable than what my colleagues did when they taught at predominantly white institutions?