While I do believe that strategy will EVENTUALLY pay off, you're looking at a solid 5-10 years before those puppies appreciate enough in value to make some money on them- most notably with the inevitable real estate correction in response to our current economic client.

Local/Regional Economic Development Councils.

States like Arizona, Florida, and several others have enormous growth rates, both in terms of population and economic growth.  

Then I go through the process of applying And then they tell me they're only doing conventional loans right now because of the economic crisis.

The Fed’s June summary of economic projections released Wednesday shows interest rates near level zero lasting the rest of this year and the next couple of yearshttps://www.bankrate.com/banking/federal-reserve/fomc-meeting-recap-june-2020/

You should include Management (10%), even if you plan to self-manage at first.If your expenses are going up faster than rent, let's say 2% vs. 3%, then your cash flow will get squeezed over time, BUT your largest expense (debt service) is fixed, so the squeeze may not be as bad as you think.Since this is a residential property (1-4 units) its value is based on other comparable properties and has nothing to do with rents, expenses, cash flow, return, etc.

This is particularly important in a down economic cycles when unemployments is high -- like during the COVID pandemic.

At the top level, it's a basic economics question.

It will be the largest redevelopment of city-owned land since Mueller.https://www.kvue.com/article/money/economy/boomtown-2040/city-of-austin-moving-forward-with-plans-for-colony-park-development/269-a6ccf361-a797-47f0-934e-8cf562394a64

It will be the largest redevelopment of city-owned land since Mueller.https://www.kvue.com/article/money/economy/boomtown-2040/city-of-austin-moving-forward-with-plans-for-colony-park-development/269-a6ccf361-a797-47f0-934e-8cf562394a64