I was initially very pleased to learn that all had been able to purchase multi family properties; I was not to pleased to learn that they all “wanted out”, but felt they were “upside” down and would have to take a loss.  

@Noy Rivlin Most single family homes that make sense as rental properties are about $125k-$225k.

Investment Info:Large multi-family (5+ units) buy & hold investment in Plymouth.

I own several single-family rentals (SFRs) with Section 8 tenants, which have built significant equity over the years.

My family and I are originally from Cuba.

I never said you can't make money buying entry level single family homes in the Midwest or any market for that matter....but the investors who are most inclined to succeed are the hands on operators, not the passive investors or those paying retail price for a turn key in a lower tier neighborhood with no barriers of entry.

It is a single family home.

Investment Info:Single-family residence buy & hold investment in Oceanville.

The contract was a simple 3 page one and I wrote this in.Also, it is a single family being rented as a rooming house (which is technically not legal here).

Quote from @Junior Powe: Quote from @Jaycee Greene: Quote from @Junior Powe: Investment Info:Single-family residence buy & hold investment.