Beautiful houses at 500k range with very few buyers interested.

I’m ideally looking at areas in the $120-$150k range to start.  

Total Cash Invested: $500.00 plus closing fees.Loan Interest Rate: 4.00% This rate is achievable but this is today's rates, but do realize the current market trend and that this is an investment property so I would caution you, I would analyze at 5% as a mid-range.

We will be targeting deals ranging from $1M to $5M in A and B locations.My experience:  10 yrs experience as multifamily broker.  3 years investing in and managing multifamily properties. 

With that being said I like to keep it in the 5 to 7 range. 

The comps of homes that had been renovated in that same area and was sold within the 6 months prior to that ranged from $140k - $160k so I figured that if I got the sale price a little lower, I could potentially have a deal.

I have a few more 1031s coming up as well in the $400K-1.5MM range so we're looking for a GOOD resource long-term who would like to work with us and our clients.

I have found short term cash flowing deals in low ranking areas, but my main goal is medium range appreciation.

I can not speak to the current McMaster market.In the Niagara market a shared room can go for $350-375/month in Niagara Falls near the hotel area, livable homes range $425-500k.

Not always in that it will be less overall cost, though often savings will be found, but also with peace of mind that everything is done correctly.Exactly what Greg noted for QBI - while these rules were plainly in place for 2018 (for all my syndicates this was all disclosed in a split out manner for both years), the IRS came out with an exact format they want everyone to follow for 2019 forward.The price range you quote is certainly not unreasonable, often to provide an accurate quote a CPA would like to see a copy of your prior year returns - it is not uncommon that there are technical issues you are not aware of that need to be considered.