@Nathan Gesner My justification for taking the risk is that I have a solid W2 job so I can afford to take a hit for a couple of months for vacancies and maintenance.

Couple hundred bucks a door monthly cash flow, solid ROI, and yes plenty appreciation. (#1 appreciating city 2023)I personally make well over $100k/yr cash flow from 21 properties here.

I was approached to help buy land that has been zoned for 34 townhomes at $2.7M (would be me and a couple of investors).

After 20+ years of buying, selling properties and having several tenants from Hades, I wanted to share a couple of thoughts.1.

When I sold my properties, the price did not increase much (though there was still a slight profit, couple with the rental I had over the years and currency gain (bought when USD was low and sold when USD was high).

He abandoned it during his demon years so his best friend took it over and added a couple more people before it desolved due to all going off to college.In college he had a side hustle of finding things on free sites, putting them up for sale, selling the free item and offering to transport it for a modest fee.  

It can make a double shot in a couple of minutes instead of having to wait for the boiler to get up temp like ours (10 minutes or so).

Here's a couple quick screenshots, I'll drop you a message to share a full report.

Then yes, maybe you can a couple hundred a month on your $50k.

Been to a couple in Brooklyn.