I've always taken the approach of providing a great product in a good location (close to blue line and highway as you mentioned). 

I'm only just starting out and I can see where a lot of what you include here is the product of hard-won experience.

It is such a popular product that people are pricing the listings well above anything that can be justified by the rents.

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Make sure you check out all that this site has to offer for you.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proThe site has quite a few tools that can be helpful for new members.

They must also develop credibility and trust to attract capital to fund future deals, as well as, educate and nature others about their product offerings.

Purchase price: $350,000 Purchased off market with private money, currently refinancing to 30 year loan product.

They do such horrible things as create jobs, create investments, create new products and more.

You will learn far more from the books you read if you are actively engaging in trying to buy property and market for product.

That way you are being productive and can focus on getting deals done.