In my opinion having a trustworthy contractor and being able to find good deals are a couple of the big humps to get over when starting out. 

It has 5 long term tenants(us being one) and we are all on NNN leases.

Valid point I suppose, but that is assuming they are right about us being at the top right now.I think if a deal matches your criteria and you know you'll be safe in a correction, buy it.

Hello ALL,I've steadily been diving into RE investing. I'm in the research and learning phase. It all began with Rich dad, poor Dad book, then a bunch of books by Dave Ramsey & Darren Hardy about a year ago. Then ...

I can see us being over to work on some improvements and general cleaning a couple days of week also. 

@Eddie SorrellIf those market rent #'s are correct, I would clearly explain this to them, and then recommend that you offer to do some minor upgrades to the units for those existing tenants.Put up a fresh coat of paint on the walls, pay for carpet cleaning (if there are carpets), do minimal upgrades to the lighting fixtures, and maybe even throwing in some USB outlets -all relatively inexpensive upgrades to your units that will help force appreciate the rent, even if they decide not to stay. 

Fortunately our tenants have been paying but if they were to stop paying we would be notified which would prevent many months going by without us being aware of a problem.

Hi Bigger Pockets Family,

I purchased a townhome for around $145,000 last September. Since the townhome was move in ready, my fiancé and I have spent the last 7 months doing smaller rehab projects (staining decks, po...

That might be a bit far for us being new to this, but I'd certianly wouldn't mind taking a look.

Not every week, not every year, but with 16 rentals flus my fixer-flips there were times that I was busting my hump.