And you are picking a location that totally disables the #1 reason why you should buy real estate.If your first deal goes bad, there will never be a second one.

That could be a really great deal in 38122 or it could be a really bad deal in a rough part of town.

When you say a bitcoin is worth $10000 dollars you are treating it as an asset but not a currency.

If there are any known issues(even as simple as a bad $7 shutoff valve) you will not be permitted to turn on utilities. 

Scranton seemed to slightly cash flow but the rent in those other areas did not seem to support the investment.Thank you Robert for your information, it's nice to hear that you didn't had a bad experience with Scranton.

But how you treat your employees can be a huge indication of your character.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

Not all bad as some would make it sound but it a'int all good either.

Instead, you must invest in a purely passive way, such as a syndication.Second, real estate is a tax-favored asset and investing in a tax-favored asset through a tax-deferred vehicle is a bad idea. 

Things have gone from bad to worse.