.: Quote from @David Lecko: Eric, When did you last use DealMachine?

I have ~ $400k cash available and am willing to buy property with cash down, with a long-term goal of building my portfolio over the next 5 years. 

I currently have a 7% cap rate living in one of the 3 units, that'll jump to 18% when I move out to purchase another.Housing prices have been low and stable for the last 20 years and I don't expect it to increase anytime soon. 2 out of Rutland counties 4 colleges closed down last year for lack of attendance (before COVID-19).

Keep saving and stay focused on your long-term goal!

That said, the cash flow potential can be strong if it’s managed right and near a steady university presence.I’ve seen a few investors make it work well by focusing on strong lease structuring (individual room leases, for example), all-inclusive utilities, and building solid relationships with university housing offices.I’m involved in lending, and I’ve come across some creative setups in this space that were really eye-opening.

Quote from @Marc Shin: An easy one I used for a long time www.mysmartmove.com.

Jackson does have its challenges with population trends, but if your team on the ground is strong and your numbers are solid, you might be better off holding and keeping a close eye rather than making a reactive move.

Long story short I never collected a single cent of rent on this property.

I then have to explain they are buying the dirt with location for value long term overall value.

Many builders use incentives to remain competitive while maintaining base pricing for valuation purposes, but I agree that transparency and long-term affordability, including property taxes, are crucial.I’d be happy to keep an eye out for any upcoming opportunities where builders may be offering price reductions or more favorable terms, and I’m always here to help you navigate through those options when the time is right.Let’s stay in touch and revisit when you’re ready to explore what’s available!