Still no economy to support the increase in home prices, so needless to say we got hit pretty hard in the Crash...Other drawback to the area since there is a shortage of Economy up here, would be the Commute time up and down the Cajon Pass, 4000' elevation climb in just a few miles, " the Pass" has been know to ruin a brand new car before you are even done paying it off, so figure in a new car payment if you are thinking about commuting to work from here...  

There's almost no rentals in the neighborhood I'm searching in.If our strategy is BRRRR - is it a good thing that there's a low number of rentals in the area?From one side - that's going to be unique, so for the peopl...

Living in a duplex will help you learn how to do both, buying and managing.

Although not ideal for investors, Im torn because with the money saved on the down payment and closing costs you could buy down interest, put a down payment on another home in a cheaper place etc.

We inherited tenants in a duplex we bought several months ago. 

Youre in a fantastic spot of being aware of the benefits of real estate and planning ahead for your future.

I.e have you done it with your friends and family or some other investors you found in a community like BP? 

So I was looking for a quick/responsible person/family to rent and take very good care of the house and treat it as his/hers,if you can promise us that you are going to take very good care of the house you have no problem with us.The house is located at ( 156XX 60th Ave N, Plymouth, MN 55XX ). 3beds 1baths The rent is $800 security deposit payment to move in asap is $700,Attn : The rent are including the Utilities are intact such as Dishwasher,Dryer, Electric Stove, Fridge, Washer,Air Condition,Sewage,Trash,all included in the monthly rent,as i am in a governmental programmer that sponsors my utilities on monthly basis etc..

Like a PM said a condo across road from the beach only generates 30k revenue  but my sister lives in a neighborhood 30 minutes from the beach and the owner of a house next to hers claims it pulls 60k....

The main issue that would scare away buyers is that there is a lot of debris (couches, household contents, ect.) that have been basically thrown in a pile in the front of the house.