My experience has been the value of the course is inversely proportional to the price.

But I really feel that 6+ makes for a better, more stable, more efficient rental machine, as expenses are proportionally less at that scale.On the other hand, I don't want to rush just because I have no job and need the cashflow.

I found that after a while of seeing cash coming in, and with enough data, I felt comfortable the rentals would pay for themselves and didn't worry about whether I had adequate income from my full time job to cover rental expenses.I will say (as almost everyone on the boards does) that as the number of units increase, you do need to increase your reserves proportionally.

What gurus fail to tell people is; Real estate is about the riskiest investment you can make. . . .However, your risk in real estate is proportional to your knowledge.

I hope as I begin my journey to aquire a real estate empire, I never forget what it is like to be a tenant and that I never loose sight of my obligations to act legally, ethically and within my lease in equal proportion to my expectations for my future tenants.

Add to that the facts that 1) the land in Point Mackenzie likely needs a lot of development before major expansion and 2) the currently populated aras of the Mat-Su Valley will have an equal distance to travel whether they use the bridge or on the existing highway route and 3) Anchorage is the 'big city' with a much higher proportion of 'culture' and infrastructure....

They want the balance to get paid down in proportion to the number of properties left.

Will you take 50% of that loss, or the loss is distributed proportionally to the invested capital?

I have written several articles on my life as an Inner City landlord on my blogs.I'm glad that others have driven by to see for themselves that my stories are not blown out of proportion.  

It is a small # of units, so cost will be a greater proportion of revenue than larger buildings.