Solid neighborhood.More rural & spread-out than some of the other areas we saw.Seems decent, but same as Morrow, cash flow seems pretty stable but not sure about appreciation.(4) Jonesboro We were expecting this be more rough just based on some of the listings we've seen online.

This movement has the effect of making the lower income neighborhoods worse and keeping the rents stable in the higher income neighborhoods.ANYWAY, to make a long story short as there is MUCH more to add to this analysis, this particular effect made the financial crisis of 2008 barely noticable to my properties as they all were within the higher income neighborhoods.In 2007, the values of my properties had peaked.

And most would agree that a stable housing market is preferred to a runaway bubble.On the other hand...

So in short, I agree with everyone else who has responded in saying that overpaying for a property is a bad idea, or even offering to overpay in hopes of having a negotiating point later.I'd say wait and be patient to put yourself in a stronger and more stable position where everyone can win.

After years of sticking with a job I hated and saving up enough money to feed my family for a little while, I decided to quit my "safe and stable" job to chase the dream!

I do have a high risk tolerance due in part to being relatively young (30), having stable income (military) and setting my personal finance/retirement on autopilot with a course set for a comfortable retirement at 65.

They are generally stable people with families and won't run when the going gets tough.

If your monthly cost to buy is cheaper than what your cost is to rent and your financially stable then this could be a winner.Good luck

Definitely get your personal financial situation stable so you have a good foundation to leverage off of for years to come.

A more stable of building wealth is to have as many rental properties as possible before I'm forced to retire from my physically demanding job, The safer route seems to be to pay off the mortgage rental as fast as possible, which I'm doing.