Great appreciation - typically - good equity capture, easier management as the tenants that tend to be able to afford those rent amounts are easier to deal with (based on my experience so far anyway).So I would probably agree that an entire portfolio of houses that size may not be a great idea, I do think having a few of them in with some of the bread and butter houses is a good way to go.....

But they did live in apartments - here's what happened:We were operating a number of smaller (10 to 30 unit) bread and butter apartment buildings and we were cranking up rents as the local (Southern Calif.) economy was booming.Then came RENT CONTROL.

These are considered the bread and butter for rentals, with higher cash flow and CAP rates, but normally much lower appreciation.

I like the thickness of Lifeproof having a synthetic core.  

Of course time heals all wounds so as long as values and rents continue to climb even a bad investment can work out in this climate as long as you have the holding power...Oh and to Ali's post if you have a good 100k-150k house in a good bread and butter 100k-150k neighborhood and are having trouble finding quality tenants I'd suggest taking a closer look at who you have managing your portfolio.

Going once, going twice, going three times..sold (in my mind I was thinking ) to the squab with the butter sauce.My actions should have of told the other bidders that all they would have of had to do is up the bid a small amount and the home would have of been theirs, but this did not happen.

Ehud, while it will depend on your investment criteria, 80% of the really good deals I see are outside the beltway in the older bread and butter subdivisions in the burbs.

One of the things that always stuck with me from one of Michael's appearances on the podcast (besides his love of peanut butter) is that he is almost painfully honest with the people who are looking to sell their houses.

Thanks for the mention mate.I have my name saved on keyword alerts heheIsabel,Feel free to PM me.I don't know Cinci well but Toledo is my bread and butter and Dayton is my milk hehe

I can see from your profile that Buy and hold is your bread and butter.