Bigger Pockets Television! 

I'm afraid that with a vacant school and the inevitable vandalism, the area will only get worse.My gut tells me to walk away and wait for the next deal, but I'm worried that I'm exhibiting the typical newbie analysis paralysis.

@Rachel Luoto renting your property out for television / movie / photo shoots.

Look, one has to understand the context of when RDPD came out, it was a vastly different world, to put it in terms just remember many television shows were still in black and white at the time, no joke. 

If you exhibit an understanding of the vernacular and can talk in extent about real estate and the numbers, you present yourself as someone who know what they are doing, and oftentimes that is just what some people need.I wish you the best of luck and I hope that your enthusiasm will radiate and will rub off on your husband.

I am also a fellow newbie from Los Angeles, having read some of the same books and guides as you, and also having worked in broadcast television myself!

Hi all,I am new to BP and just starting to research how to start becoming a buy and hold investor under extremely limiting circumstances and was hoping the BP community could shed some light on the best financing strategy to use for my first few properties.Current Financial SituationA little background on my current situation: I am 28yrs old working in television in NY ( making roughly 55-60k a year- yes it is brutal) I just bought my first primary home 2 years ago in Williamsburg, BK to lock in how much I’m paying for housing year over year in a place where incomes don’t increase as fast as rental prices (2 bd for 340k (this is an HDFC which is how I got a home for this price in an area where the median price is 1.5 million) ) so obviously my DTI is extremely high at almost 60% with no other debts besides my primary home (I also have a roommate who pays me $900 a month for her room which helps with about half my total monthly housing costs) (had a great mortgage broker that really helped me wiggle in to my first home)I now have about 75-80k in equity in the home and access to a family trust with a similar amount of money in it and was looking for the best way to turn buying an initial first property all cash into the ability to buy more properties( out of state of course- looking at different areas in the country from PA to TX to TN to FL).

You as a landlord of a MF that exhibits the characteristics 1 - 3 listed above, have all the levers you need to pull.Regarding thief, if the property is large enough to make efforts worthwhile, then use best practices to prevent thief.

I have a house in Columbus, OH but frequently work on television shows as a producer throughout the country.  

The clutter is off the charts, not quite a candidate for the television series "Hoarders", but really bad.