The rental income at purchase was $8400/mo. 

I suppose here is a good time to ask you all, the “more expert than me-s” in the thread: on a scale of “5% return standard deviation bond market” to “15% return standard deviation stock market”, where would you put the unleveraged, post expense rental income of a well managed (aye, there’s the rub) SFH portfolio?

I have a rare opportunity to purchase a beautiful old historic inn that I've had my eye on for about 15 years that just came on the market.

Purchase price: $118,000 Cash invested: $118,000 Tried to buy a place during the pandemic in NY but was getting outbid like crazy over 100k, so I was lucky enough to buy a condo in tulum mexico and do a short term rental. 1 bed, 1 bath, with community pol, 15 minutes away from the beach and 15 minutes away from the city.

Most of what I’ve read you obtain the code violation list from a city official but it sounds more like you are purchasing the list from an external source? 

I've helped investors across the US, and with over 150 flips under our family's belt and a growing BRRR portfolio, I've seen what works - and what doesn't.Tap 'View Page' to connect.. whether you're just starting or scaling up, I'll make sure you're talking to the absolute best investor-friendly agent in any market. 

I found an apartment for sale with an assumable loan. The loans has 35 years left with a really good rate. My question is how do I work out a deal with the owner so that I pay him back over time the equity? I don’t ha...

You control your sale timeframe, better than a purchase timeframe.  

Hey Robert - Condos and apartments can be a solid entry point due to lower purchase prices and potentially lower maintenance responsibilities, especially if the HOA covers exterior upkeep.

And where you'll see cap rates go up is in the older assets and smaller markets.