RAFT is only there to either help low income individuals into new apartments and to help people who are facing housing crisis and have received a 14 day notice or summons and complaint.

Leveraging too much is exactly what caused the housing crisis some years ago, the impact we are still feeling today.The problem is that people get so focused on the "rent" and fail to calculate ROI or yield.  

The appealing aspect here is the ongoing population growth and other economic factors.

Not all markes would react the same (in relevant) to interest rate and everything, some markets are much more sensitive.So theory all residential would go up in value in any condition may not be true, it's only up in certain market only.What I laid out is talking on economics, which is always an overall generalization.

Economic downturns can be very destructive and jobs can dry up.

Landlord / tenant laws are very reasonable, and there is strong economic growth in the local area. 

I haven't seen a May this soft since the financial crisis.

Unless the building is very well located full renovation of basement units will likely not pay off economically.

My recommendation if you choose to invest out of state is to choose cities in safe and economically diversified areas with above-average income and population growth.

We are a group of Latin American investors who are experiencing economic losses due to the irresponsibility of ABC Capital.We have found on the public page www.courtlistener.com two actions where our office of trust in real estate investments and property manager, to whom we entrust our investment and assets, are sued.We put at your disposal both actions; with the warning that they should not prejudge, since it will be the court that hears the case who passes sentence, since it is the one that knows the evidence presented.https://www.courtlistener.com/?