Hi, I'm Daniel from Culver City, CA and have been in commercial banking for over 10 years and recently passed the CA RE Salespersons test. 

Home prices have however risen during this time by almost 20%.I think the former was due to supply of new rental condo units and renter fatigue with high prices and people choosing not to live in the city but explore other options in neighboring Oakland etc. where rents are relatively cheaper.

Also, a Wrigleyville Airbnb is going to be near the top of the range for any place in the country simply because of the city, the neighborhood, proximity to public transportation, and proximity to the city's center.

Here is their deal breakdown: Purchase Price: $189,000 Down Payment (3% conventional): $5,760 Value Add: ~$5000 (Installation of A/C, plumbing updates, and miscellaneous items)Rent form September 2017-July 2018: $11,400 (Owner Occupied & rented other rooms)Rent from August 2018 to July 2018: $18,000Brian Glasser, the Team Leader in Kansas City, has hit the ground running with building his real estate investment portfolio.

The city's assessed value of the property is currently $630,000. 

I'm planning to have a structural engineer to create architectural as-built floor plans for a 2 story mixed use building I own in California.

Hey BP- I need to submit a notarized letter to the city of Oakland stating my property has been vacant for more than 60 days.

BP is a a great starting point in connecting with investors/contractors who have been there and done that in music city.  

In CA 10% would be considered extremely high, but it might not be in your area

My team lead at my job invests in room homes in Baltimore City.