I own five (5) service franchise locations with 53 employees. 

Would split the discussion between new posters asking either very simplistic, repetitive  or location specific questions.  

There is a case for buying well-located solid assets that produce immediate current cash flow at reasonable leverage. 

Also, from what I’m reading house hacking doesn’t really seem to be scalable since you have to reside in the location?

If you do agree to sign, you can (at least in my area) specify in the contract that it is just for a particular property, or a particular location, etc. 

So if I am looking at an asset as a 10 year play - I look more at the location, schools and how has this market performed in the past excluding covid and 2008 which were extenuating circumstances.Reality is right now shorter term plays do not work based on numbers and cost of financing - we went through this same thing in 2001-2004ish timeframe where properties would appreciate 2-3% per year and after buying costs and closing costs - you were not making money on assets unless you performed the labor or found a really good deal.this is how real estate "typically" is - which is why everyone always says location location location - because after a decent holding period, you will win.

But I do know our city needs a lot more of the first type.you clearly don't know me, which if I'm being quite honest with you has absolutely nothing to do with me. this is a property that is located in the village of Liverpool NY with a tenant paying beyond market rent, " If he doesn't want it or can't afford it, reward him with 60 days time to find another place, then find a new tenant that can pay what it is worth. " which I did, and he agreed to pay..................as I've stated to you before anything other is simply poor business practice. thank you for your input 

Hi John,Not sure where you are located but if in Austin, I too may USAF retired and probably could give you some pointers over coffee or lunch.  

If you buy in a vacation area there really is no safety net other than desirability/location…I guess just don’t pay up too much.  

Maybe a really good location?