[Solicitation removed by moderators]

It is to many dollars chasing too few goods and at moderate rates is a sign of a healthy economy.

I have seven empty units that will soon be online and those will be marketed to old people with SS or section 8 as a mitigation strategy.But *If* I it turns out that I am wrong about most people, I could probably pay my mortgages and make my bills with no rent at all on my 49 units for about a year; and I don't think no rent at all will happen-- By my, estimates 19 of my tenants are at VERY LOW risk of defaulting on rent payments, and another 13 are at low-moderate risk.

I'm struggling to decide if I should continue to house hack and invest in this area where cash flow seems pretty moderate and you have to break almost every rule (2%, 50%, etc) to make an investment decision.

Maybe only moderators can see it but that makes no sense.

My area it is $6 sf to replace with a moderate LVP. 6000 sf* $6 sf= $36000.

Take your flip process and do a more moderate reno to hold and refi later. 

My tenant displays erratic behavior, including possible drug and alcohol issues, and obsessive tendencies.

This segways into my next point which is to be weary of these low and moderate income single family syndications and JV opportunities.

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to Biggerpockets and happy investing!