I tried to buy it two plus years ago and would have torn it down and combined it with the 9 unit and 4 unit lots to make one large 21 unit building! 

You can combine this 5% down option with our 10% kickback on select new build homes to actually get paid 5% to invest in a property with no money down! 

To put it in context, if we combined the populations of our third and fourth largest cities, 220K is more than double that.

But then you combine this with a growth market and Bang!

But the job gains reported for May and April were revised down by a combined 111,000.

I do believe the combination of these developments alone will bring in some good appreciation and maybe even help with increased rents.

I don't use hospitable or any other combined booking engine other than VRBO and Airbnb.  

You can buy an almost new or brand new single family home here in Arizona for $250-300k, combine taxes and insurance of under $2k per year, rent for $1500-1800, will break even on cash flow with 25-30% down because there is no maintenance or cap ex since it's new (you will have these eventually but rents will increase by the time that happens).

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC. 

Each stock will have high variance, but when combined into a portfolio, the variance will be reduced because the correlation between each stock is < 1.0.