A lot of people are being misled

[Brice Hall]

What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"

You are completely neglecting future CAPEX. What happens when you need a new roof? Furnace? Ac? Floors? Windows? An entire year of what you call "net income" will be gone. Do you ever plan to update anything in the house?

What happens when a bad tenant destroys the place AND doesn't pay rent?

Is there anyone who has done deals like this and has found LONG term success? Math and probability says no.