Add to that a massive pent-up demand, there was a recipe for doubling and tripling of rates and high occupancy. 

Other wrinkles as well to what qualifies.You have to make sure you aggregate properties.Managing the manager(s) is ok as part of the hours, but if that’s all you are doing you are at risk.We actually sought out smaller properties to hands on manage to balance out a large triple net purchase.

Make sure you double and triple check your numbers.

I show my investors the below street view example (less than a 3-year difference) when they ask me why they are paying double or triple for a property that was sold just 3 years ago.

That is really great insight .i knew yonkers and mt vernons school system was terrible,i didnt pay that much thought because my own kids wouldnt be attending in those districts.when the property around you damn near triples you get the green eyed monster and wanna chase it.i will consider a little further north.im preapproved for 525k.but not looking to spend that much by any means.

We are looking for doubles, triples or four Plexes in New Orleans.

Debt to income ratios are not that telling, look at the cash flow and use of funds and you're looking at a debt coverage ratio of at least 125% net income over rents, some industries may go higher like 200% Is this a triple net lease?

You saw rental rates triple what they were before...and people in line to get them. 

But if you are already having some success and can get someone to triple your business?

Triple-deckers abound in the Boston neighborhood of Dorchester.