With 20% down and conventional financing, properties in this market are producing cash on cash of about 10 to 12% (before vacancy and maintenance allowances).  

I gave my assistant access to my Facebook account to post and respond to inquiries and Facebook said that we broke their rules and that I cannot post on the marketplace.  The ad copy was pretty much the same as what I...

.- Rental Market: Low vacancy rate, suggesting high rental demand.- Median Prices: Affordable compared to larger metros.Long-Distance Real Estate InvestingInvesting in properties in the Midwest while living in Los Angeles is feasible with modern technology.

I am starting with a hunch at the highest possible level: - Urban office has been decimated and has a huge pile of vacancies.

I explain I will proceed with the eviction, the eviction will show with any decent credit/background check and will negatively impact their credit score, that I will attempt to garnish future wages, and that it will be very difficult for them to ever rent a nice place in a low vacancy area like San Diego.As part of my tenant criteria: no evictions ever (no excuses accepted), decent credit (I want tenant to have credit such as they do not want it to take a significant hit, strong LL references and in the add I specifically specify paying rent alone does not suffice for a strong LL recommendation.I recognize with my number of units and how many years I have been a landlord, I have been fortunate to never having to evict a tenant and at some point my good fortune in this matter will end.  

However, it also faces economic difficulties, high vacancy rates, and  slower property appreciation compared to booming markets.If you're an out-of-state investor without local contacts, examining census data can provide valuable insights into Youngstown, Ohio.

I invest OOS, where my risk tolerance is the lowest and may end up purchasing a lower priced property well within my budget where I can cover any vacancies/emergencies using my own capital.

Buying a Multifamily or home in a C, D, area should come with a lot of equity as it is the only reason to get into any deal for these areas as you don't want to spend more than upfront out-of-pocket cost.Look up Cap rate, Cap Expense, Insurance Expense, Vacancy Expense, Tax Expense (which should include a licensed pro at some point), Real Expenses in relation to owning Multifamily real estate, and other things you don't what to be surprised about before doing your first deal. 

So, instead of dreading the lost rent (opportunity cost) of the vacancy focus on the opportunity the vacancy provides. 

In my experience, when you rent by the room with shared common spaces, you end up with lower quality tenants and higher vacancy in the long run.