There’s no movement now because it hasn’t truly hit us.

BS Kinesiology Movement Science, Penn State University. 

Numerous studies, including those by Nobel laureate Robert Shiller have shown that movements in interest rates have no impact on residential real estate. 

I would be gentle with how you relay that you know they are delinquent.

This quitting W2 to survive on REI reminds me of the FIRE movement or Paleo diet.

Lenders publish rate sheets first thing in the morning, and sometimes there's a mid-day price change if there's enough mortgage bond movement.

In Oregon we did mainly timber plays so bigger dollars.. one of my star's was a 700 acre tree farm we paid 1.8 for i busted 10 lots off the front half that i sold for about 1.5.. we held the rest of the land logging it gently each year bringing in about 30 to 50k net in log revenue ( commercial thinning is what they call it). 

Thanks for posting this.Aloha Berry, thanks for your gentle input...Just to be clear, I absolutely do perform my Own Due Diligence on every property every time.

Because there are newbies on BP who look to these kind of posts and feel they're inadequate...or who go and dive into dangerous deals in hopes of replicating this and end up getting scammed.If it's too good to be true,it probably is.I'm not a hater,I just like being the gentle voice of reason/caution in the midst of rabid euphoria.If it's a real deal,more power to him.But we don't know that until he gets back on his own thread and provides some meat on the bone.Honestly if you made this post yesterday I'd say "common man, ease of the kid", but I think you might be right  :(

You already posted this scenario.. while it can happen you will have to hunt for it.like all things real estate returns price for risk.. rare is there high cash flow AND appreciation.. and tiny appreciation like 3% a year might look good but its not real.. you buy a rental that will make 12% under your scenario you need to find a 50k house that rents for 900 type thing .. which you can find.. so 3% appreciation it goes up a whopping 1,500 a year.. but in reality it stays at the same value.. since the next investor wants to make the same money you are.. only way values increase substantially is rents go way up.. and in cash flow markets rents ( which is a good thing) are generally very stable with not a lot of movement up or DOWN.But for your exercise check out small little towns in PA  and outside of Pittsburg and up towards Erie.. you will get the cash flow i bet.. appreciation only on paper not in reality.