Attorney’s Office in Los Angeles.Investigators have seized more than $5 million connected to the scheme and are looking for more assets, said a news release.According to the federal accusation, Santarelli solicited investors from June 2020 to June 2024 to invest in promissory notes ranging from $25,000 to $500,000.

I moved here from Portland in 2020 and now own 10+ rentals—it’s one of the hottest markets in the country right now with huge job growth, companies like Intel, Amazon, Google, and Honda investing here, and you can still find properties in the $120–180K range that hit the 1% rule and cash flow day one.

With your buy box and budget, you’re definitely in the sweet spot for stable single-family rentals.A couple of quick notes from experience:Focus on tenant-friendly neighborhoods where Section 8 rents can often outpace market rents.Line up a good property manager early, that makes or breaks cash flow in Memphis.Wholesalers can get you deals in the $70K–$90K all-in range, but you’ll want to move quickly when they come up.I work with quite a few investors running BRRRRs here, so if you want to connect, I can point you toward reliable agents, PMs, and rehab crews who know how to work within those numbers.Glad to have you in the Memphis space, it’s a strong city to scale in.

Your un-leveraged return will be in the ~3.8% to ~5.0% range, depending where in Wake County you buy.

We had anticipated this number would be in the 80% of the class range under contract.4) In hindsight, we achieved our goal of getting confidence to take the plunge out of state using the BRRRR strategy that many on BP here explain in detail.

In bay area the single family homes are within my downpayment range but the rent I can get is barely worth the mortgage; multifamily seems to have more cashflow but I don't have enough money saved for such a downpayment.

., auto-approve up to $250; 3 bids over $1,500; owner approval on scope changes).CapEx: Owner-managed by default (my team/GC) unless I specifically hand a project to PMC.From your side of the table—do those ranges feel realistic for a 15-unit student portfolio?

The rental demand here is strong across the board, and you can still find affordable properties in the $120–180K range that hit the 1% rule and cash flow from day one.

Most are single families in the $1.5-$2M range, so we new that a duplex would be would have a much higher ARV than other duplexes in the area.

I moved from Portland to Columbus in 2020 to start investing and now own 10+ rentals, and I’ve seen why so many out-of-state investors love it—population and job growth are booming, big companies like Intel, Amazon, Google, Facebook, Honda, Microsoft, LG, and Anduril are moving or expanding here, and the market is still super affordable so you can find properties in the $120K–180K range that hit the 1% rule and cash flow from day one.