They're cheap and really flexible.

In short, most of the investors are guys who have made a ton of great bets and investors assume their participation means something.As to the actual opportunity itself they are certainly overvalued for the time being based on what is there today but I would assume one thought investors have is that they will build up a list of ready buyers and cheap capital.

Expensive to set-up $1,500 but cheap annual fees $200.00..I'm still in the exploring mode.  

I love cheap debt, as long as I can get a much better return with that money.  

You could also consider updating the window treatments, anything to make the kitchen bigger and brighter, which should be cheap.

Now as I'm selling that property, one of these tenants moved out and said "thanks for all the cheap rent!"

Capital is still historically cheap and you'll want that "cheap" money stretched out over 30 years.  

If you are looking for 'cheap' carpeting, the local Menards has sales alot (and some sales even includes the padding for free after rebate if you buy it with carpet).

Don't buy crap because it's cheap.  

It’s very cheap and is right down the street from another I have.3 or more units have be hard to come by for me, and this one is just sitting there.