I get extremely happy when I read all these stories to know that I am not the only one dealing with these headaches.

This was extremely helpful!

The neighborhood is nice, quiet, lawns taken care of, no junk cars sitting in driveways or the street, with a small HOA payment monthly. 

We have found that counter height island seating is EXTREMELY popular with young renters.

The cashflow is not great but this is a Zip code with extremely high appreciation (15.5% year over year from May 2023 to May 2024).

Thanks for the recap, tend to agree that when it rains it pours, that things tend to stack up then go quiet again. 

So my thoughts with this is use with extreme caution. .but I fear your going to have a bunch of WEst coast folks jump into this and if they have a bad run on tenant they will wish they never bought these . 

Hi all,There is a distressed property I have had my eye on for several years that is in extremely close proximity to a property from my childhood, and an area I would like to own in.  

Understand the debt and how that plays into the risk.Understand that it is extremely rare for an asset that locks in long term fixed debt to get into trouble.

The price is extremely low, but I needed to supplement it with other platforms at times.