.$160,000 purchase price.Rehab around $80,000 (More than I budgeted).Optimized rents between $4,000 - $4,500.ARV is $350,000+The deals are out there and don't rush in.All good things take time.Much success

Additionally, there is current optimism with the new mayor, who is focusing on economic development and infrastructure improvements and literally cleaning the city block by block, further enhancing the city's investment appeal. miami doesn't have huge swings it's had 12 years straight of appreciation 

What you're not supposed to do is be in a deep cash flow negative position; so for that you use less leverage, negotiate a better price, or find a way to optimize revenue better if not three. 

A waiter hands you and menu.

Lookup the taxes for the property you’re interested in on the country website here:https://icare.co.lucas.oh.us/L...After you look up the address click on “current taxes” on the left menu bar

Couple of reasons:1) My interest hinges on the assumption that starting with a blank canvas and creating the perfect consumer product can optimize your revenue per square foot in a way that offsets high building costs.

Hook it up BPUse the "Report Abuse" function and we'll look into it (in the menu below the post).

some of the nicer resturants in PDX removed tipping and raised prices with the disclaimer on their menu that they were paying staff higher wages. 

There are also traditional construction companies that have a menu of houses they offer, with pricing that is very transparent.I think you will run into fewer problems if you find a company that continually builds one particular design, and just hire them to do what they do. 

Take a clue from the US goverment.Another way to optimize is liquidate properties that don't have the best long term prospectives and trade into better quality assets.