@Jay Hinrichs I am in the same boat as Kyle.

Those that claim to cashflow well are either a) full of it or b) old and in a class C area where your probability of being able to achieve those cashflows are low.

But you'd have a tricky time selling just half a duplex (I'd guess, that's not really my asset class).

Hi All,Which class are Clifton, Garfield and Lodi, NJ?

I suppose I should have specified, but I am looking to invest in the US as the limitations and opportunities in Canada for the criteria I am looking for; Class C, Construction 1980's and newer, Price $12M-$17M, with 100 units or more is highly challenging to acquire, here in Canada.

Boat and RV storage is at a premium for many people so you have a good idea to use existing land to generate income without doing too much in the way of improvements.

A rising tide lifts all boats. :) 

You're essentiality telling the bank - "I want to buy a property that's in an asset class with falling values and I don't have the money for a down payment.

Personally, when I see numbers like those given, I start questioning assumptions and class treatments so I can rule out the alternative if possible.

Hello Melissa, I am in the same boat with rentals in Birmingham, AL.