Our next meetup is November 12th at the Library Wine Bar.

I consider Vancouver area the 'sweet spot' as you can benefit from no Income Tax from Washington side, as well as no Sales Tax from the Oregon side.

If you can reach the manager, they will be in contact with the local contact or may be the contact themselves.So in the end, while we sold some to the big guys, we actually found our sweet spot with the smaller to midsized funds.  

The sweet spot usually lies in a 65-70 LTV loan, but it is purely dependent on the type of property, size of the loan, the monthly rent, and interest rate. 

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 4-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

Refinancing will be tough unless the property can appraise for $75k or more, which is the sweet spot for a few lenders. 

I have my sweet spot and stick to those types of properties 3\1 and 3/2 in the Midwest and south.Best of Luck.

Italy wine and food is better.  

That’s a solid move — taking a property most would overlook and turning it into both a profitable and purpose-driven asset.We’ve been doing something similar through our Home Asset Conversion model, helping property owners reposition underperforming real estate into veteran and senior shared housing — with long-term leases, stable cash flow, and huge community impact.Sober living, senior living, and veteran housing all share that sweet spot: high demand, low supply, and mission-based investing that still hits strong numbers.Curious — did you self-fund the rehab or structure it with a partner/investor model?

I chose 5 units as a kind of sweet spot for this model - once I’m analyzing anything larger, I typically switch to a more robust model I’ve been developing over the past few months.This one is really geared toward analyzing the income and income potential of each unit over time, and it’s flexible - you can scale the unit count up or down, 5 is just the max I have it set up for right now.