As far the part about MKE and the "most segregated city in the country" (which has been tossed around literally for at least 20 years now and which I don't deny, although I'd like to see the metrics on these studies, since anyone who's taken a college stats class knows how easy it is to manipulate the outcome based on what you want to get for an outcome) but that one REALLY bothers me, as while I don't by any means deny we still have racist beliefs here among some people, I also see people, not just white and black, but of all backgrounds also getting along just fine and have certainly heard of cities where I think the entrenched racism goes much deeper than here. 

But the technical issues are a function of how entrenched the industry is in making sure the status quo is maintained.I could write a book on this topic after all I have learned in the last couple of years, but PM me is you want to chat about it.

There are deals out there that would come closer to the 2% rule but generally are scooped by experienced rehabbers/flippers and buy and hold investors entrenched in the market.  

@Anthony FecarottaIt’s hard to fight an entrenched neighbor who is a professional tool.

The redundant phrase “close proximity” is widely abused in real estate circles and is probably too far entrenched for IRV to reverse – but we will keep fighting the good fight – proximity is sufficient folks!

Further, we are looking for ways to better entrench ourselves in the SA market.

Further, we are looking for ways to better entrench ourselves in the SA market.

It seems to me that with 151 units, with many of them cash flowing, you would have a powerful "velocity" of money with which to pay off at least a couple of loans, lower LTV's, and really entrench your position.

The odds of mass market adoption of the product or service is low, which means that the lure of potential upside must great enough to compensate for your time devoted.My two cents if you want to actually develop a great software product in the real estate industry is to get some experience with it and intimately understand WHY it is a pain point for professionals in the space.Hi Neal, Thanks for the input, but I am quite entrenched to the real estate market.

I am currently more entrenched in ConnectedInvestors, but heard from a few folks that this is a much better site, so I hope the reputation is correct!