Seems like the definition of buy n hold RE regardless of if relying on cash flow or appreciation.Cash flow, in addition to having the actual cash flow reduced such as Las Vegas and Detroit (as two of the worst examples) in the Great Recession (GR), there are other ways to loose money including the loss due to not keeping up with inflation (most of the cheap Midwest areas), natural disasters (could be anywhere but lately it has been South exposed coastal via hurricanes and tropical storms (Texas, Loisianana, Mississippi, Alabama), Ca via fires (Paradise, San Diego twice, Ventura area), and tornadoes (middle of the country), and large beyond planned cap expense items (could happen just about anywhere but good due diligence and conservative cap ex estimates can reduce the risk).We had RE duplex (STR) in Gulf Shores Alabama that we sold after it was hit by 2 hurricanes. 

@Patti RobertsonThank you for the reply Ms.

That brings families from all over the US east of the Mississippi River.   

The contractors mainly come from Texas, Louisana, Oklahoma, Arkansas, Mississippi and Alabama. 

Looking forward to hearing from you in the forums Ms.

Are there any Mississippi agents that are BPO agents and if so, how much trouble did you have finding a brokerage? 

Ms.

My wife and I live in the Biloxi, MS area on the gulf coast.

Galveston Tx hurricane, 1900, San Francisco Earthquake 1906, Great Chicago fire 1871, Seattle fire 1889, Peshito fire 1871, Alabama tornado outbreak 2011, New Orleans Hurricane Katrina 2005, Mississippi flood of 1927, Joplin tornado 2011, New Hampshire hurricane of 1938, New York twin towers 2001, Oregon Heppner flash flood of 1903, Johnstown flood 1889, Vermont flood 1927, and I could list the worst 15 earthquakes in California to boot.

Hell I dragged him to Detroit to look at deals ( from Oregon) also to Biloxi post Katrina and to Jackson MS.