I find it more useful to think of Cap Rate as a measure of market appetite.

Still, we’re totally green to rentals and commercial real estate, so we are indeed in unchartered territory with many moving parts and looking for measured advice on how best to navigate these waters and become more informed before diving in.

View report*This link comes directly from our calculators, based on information input by the member who posted.What kind of COC ROI do you try to aim for on BRRRR deals?

If you disclose the camera, they will likely stop doing it, so it would be more of a precautionary measure.

The aim was to buy 2 deals, I only bought 1, buying two would've had a positive cash flow of $100 which would satisfy the HELOC payments until an opportunity to refi, after only 1 deal I still have access to $30K liquid cash and have a pre approval of $130K if I wanted to go conventional. 

We don't measure this up front, since our initial Buy/Build was based on the metrics above.Flip, If we were to flip Self Storage, I would want a 50% return within 2 years. 

Probably one measure is how many exits have they had....and how long have they been doing this....how many deals have they done.Good luck and best wishes.

I aimed for $1000 cashflow so I ended up there.

Do you have 2d drafting done, or can you provide all the measurements?

Several places you can go to network and find deals:Sumrok Conference...he has a couple I think one is called AIM and one is called Rat Race to RetirementMichael Blank ConferenceLifestyles UnlimitedTotal Wealth AcademyMultifamily Investor Network Conference in Houston in FebruaryAll of these are Texas based I believe....so chances are you will find more Texas deals and network at these meetings.I'm guessing Rod Khalif, Neal Bawa, and some others also have weekend trainings in other parts of the country where you might find more deals in the places where they are based.