There are jobs, infrastructure, great location, many jobs for young professionals, of course HOA dues weigh heavily on the return on rental incomes plus other expenses that occur but otherwise, is downtown a good investment considering “location, location, location”?

I'm a $25k/year licensed massage therapist, just hit my first year of solo business (so still inconsistent revenue) while gradually tapering off my main job (diminishing revenue), so I'm entering a phase of much less predictable income.

We don't have for sure jobs set up, but a lender (Veterans United) says he might be able to get us accepted for a big (250,000+) loan for a multi-unit property.

You need a good full time job to support investing.

Thanks BP community:Earlier this year I found a 7 unit converted house, submetered gas and water, fully rented, stable market just received marijuana plant with 130 jobs, and have a 72-year-old motivated seller who is unloading some of his properties as his children don't want them.

They do an ok job of placing tenants, but when they sent an unlicensed, uninsured contractor to one of my properties and they did 15k worth of damage, they essentially shrugged it off and said "Oh well.

Even then tho I can see it's still cutting it close to break even or loss for the year depending on major fixes. $33,000 minus $29,000 = is only $4000  and that's not considering garbage or water which I will pay until their lease is up.

I frequent the area around the California green line stop for my W2 job and that area seems relatively decent.  

I have a stable job, I could be re-assigned out of state in the next couple of years, but if I don't I have no problem living here long-term.

Anyway, I was thinking I could just save up enough with my partner and myself, both have good high paying jobs, and scratch together whatever we need to come up with a 20% down conventional loan.