Don't give special treatment because a relationship didn't work out, most don't.

If you want stable rents with little upside it could work out but if the market turns then the slower job growth area could turn into an undesirable area. 

im sorry if this is the wrong place to post this im me to alI of this but i currently found a multiplex that i could buy and rent out its a 4 unit house with 2 houses on the lot that could be rented out but they want $300,000 it all looks good just minor fixes and i had a friend that came to me and asked if i would be interested in him giving me some money to help out with the down payment but i dont know how that would work out so my questions are1. how would i pay him back if he invested money into a place i own?

I used to live in Beverly and work out of Salem, so I know those markets well.What should I target?  

So how did it all work out?

Maybe it'll work out for you but having negative cash flow bugs me even though my wife and I can afford it. 

That may make a little more sense *if* the rates work out, etc. 

I was wondering how this would all work out there are going to be people out of work for extended amount of time and as we know most renters miss one week of work and they are broke.My other big thing I am wondering @Greg H. is how the lenders are going to handle the owners who get wiped out have no insurance and walk away from the property.. knowing how aggressive Texas lenders can be with deficiency judgments on mortgage defaults..

Our numbers dont work out until about $500K is it unheard of to go in at such a lower offer?

I also plan to do this just on a deal by deal basis, at least at first, so that if things don't work out, I can take my money elsewhere.