Hello @Jordan Wisser,I agree with you regarding competition heating up if/when rates drop.

You will likely have common area lighting (interior and exterior), perhaps heating and cooling too. 

Many properties in Macon lack central heat and air which I feel is a "must-have" amenity in GA.

I would rather let it sit empty with no wear and tear than take $1700 a month and pay probably $300/month for heat in the winter. 

Affordability is about 1:3So yeah on the surface it looks like a big difference, but there's a lot of things not controlled for in the stats- There were a crazy amount of houses built in the years just after the war, so housing stock was easy to come by everywhere;- Homes had nowhere near the kind of features they have now - 2 car garages, dishwashers, OTC microwaves, W/D hookups, high efficiency windows, central heat & air conditioning, etc - all those doodads and niceties drive up the cost of housing;- Fewer mortgages were 30 year, so homeowners had to pay (relatively) higher monthly payments;- Rentals were almost exclusively apartments, so there was more supply for buyers;ETCI think these things tend to be more stories that make for good press but aren't really that grounded in reality overall.

I just closed on a duplex in Dayton for $189K $1100 a door and have an investor closing on a 4 unit for $325K in Indy with great rents that cash flow over $1000 a month.I have seen Indiana, & Ohio pick up some major heat over the last 3 years for investors while Boise falls somewhat short.

Vancouver will capture the heat produced by bitcoin mining, to heat the city. 

But you still have to provide (and maintain) a kitchen, a bathroom, HVAC (well maybe just heat), a water heater.

I didn't know the difference between a heating system and water heater, I didnt know how to screen deals, I didnt know how to calculate cash on cash. we all start somewhere. 

You need to sit down with them and heat them out.then you wouldn't be so judgemental.