Most major markets did that much appreciation and plenty of markets in the Midwest did even better during that time and those markets still cash flow today.

Hey Ash,looking at an 82 unit property in a great market with a lot of value add opportunities.

Had one that we found off-market but things fell through during the inspection (electrical and plumbing issues that we didn't have the capital to pay for and the seller wouldn't budge on). 

N these markets the ADUs in SZ zoned areas typically are given a value by appraisers far less than the cost to add the ADU.  

Tried to get back into the REI game to buy a rental in early 2022, but I was only looking in "A" markets (had a single realtor giving me all the advice), and competition was way too hot, so I hit the pause.

Take into account variables that could affect your cash flow, such as the stability of the market, local tenant demand, and prospective changes in interest rates.

It is an off market deal, and is fully renovated in 2020.

You will quickly learn whether you like it or not, how to market, screen applications, manage renters, coordinate and supervise maintenance, and so much more.

Investment Info:Single-family residence fix & flip investment.

How do you market and approach possible sellers when wholesaling or doing an assignment?