I remember when they used to trade for less than $25k a unit so it's hard for me to validated paying the $50k+ the people are asking.

To all of my fellow bigger pockets members always remember if you want to realize your dreams you have to go out there give it everything you have and more to make them a reality. 

Remember that the devil is in the details. 

I remember in one of the Rich Dad books, Robert explained the most growth comes from the tiniest stocks, and from when they have an IPO.

It will be interesting to see what happens to homeowners and investors with adjustable rate mortgages and HELOCS on their properties as those rates rise with inflation over the next cycle.I can remember in the early 80s when mortages were being sold at rates higher than 15% and you could get bank CDs earning 10 and 12 percent interest.  

Always remember to persist and you will WIN!

The interest rate is a little low for seller finance and if you plan to sell the note, remember that the lower your rate is, the higher the discount will be from your buyer.

Remember to persist and you will WIN!!!

Also, just remember the NOI does not include debt service which will need to be subtracted to determine cash flow.

Do not cut any corners to make something (like an estimate) look good on paper but not in real life.Always remember to do the math analysis and try to look at prospective properties before you make an offer or at least have a clause in the purchase contract that allows you some upfront time (usually 10 or 15 days) to make a detailed inspection and possibly back out of the deal without a penalty that will hurt you too much.Find/Hire a Team of local and experienced professionals to help you get things done.