I also have a car loan, at 2.5%, but it’s $350 a month.

Economy goes down and tenants can no longer pay the rent, courts get backlogged with evictions, and the investor has a money pit that sucks away any potential cash flow for years to come.Any investor really needs to go drive these areas if they are looking to buy those types of products.An investor might do better to buy in a B area or better instead for new construction in a subdivision where the home owner rate is high and the renter ratio is low.

Hi William,I'd pick ONE city, then fly there, rent a car and spend 1 week driving around and getting to know the areas, and the neighborhoods.

There are others that do enough volume to create some excellent economies of scale, take smaller markups, and make up for that in volume.Like the song says, "you better shop around."

we provide coffee/tea to every guest, and refresh linens per request, provide misc items like car brush/umbrella/battery, etc. 

Then more recently I look at all his fear mongering about the economy tanking and it just is sad.

soc_src=community&soc_trk=fb Bagleyhttps://detroit.curbed.com/2018/2/15/17016290/7-liv-development-breaks-ground-avenue-of-fashionRent Increases https://detroit.curbed.com/2018/12/6/18129253/detroit-rent-income-report-largest-increasesCHRYSLER TO BUILD NEW FACTORYhttps://www.freep.com/story/money/cars/2019/02/26/jeep-fiat-chrysler-detroit-plant-suv/2989129002/

I just went through our finances and we are over $117k in debt with student loans, credit cards (one of which still has the $22k from the course), and my car.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $80,000

Cash invested: $1,500

Up/down duplex with separate utilities

Business as usual in my experience.Be very carful lowering your rent as all that will happen is you will attract lower quality applicants that you will likely regret.