Do I need to claim my profits as income, get taxed heavily, just so banks will look at me seriously? 

As a member of Realtors lobbying arm, Im heavily involved in those discussions, and have been for several years now, and they are likely to go no where when all is said an done. 

The downward trend in cap rates over the past couple of years is heavily linked to the fall in interest rates.

Julia, I will start by stating the obvious: you are in the most heavily regulated, Tenant friendly state in America and had better know the laws inside and out if you want to do well.

You also want to be on a highly traveled road in a visible location in a medium to high income area.Example 1: we invested heavily in a self storage facility with over 600 units in the tiny town of Beeville Texas.

Personally invested heavily in the far north side - Uptown, Edgewater.

We've been heavily considering Ohio, more specifically Cleveland, as our first place to dive in and buy a duplex.

If this works for you great, but the black guys I have seen in this business who are "Tearing it up" work heavily on the offense (earning side) vs the CYA side...

The lowest property taxes combined with a location that isn't going to lose its appeal anytime soon Seattle, Austin, and stew other cities are also attractive, mostly due to booming prices due to tech that probably won't slow anytime soon.As for the property itself, I'm leaning heavily toward a townhome/ rowhome-style fourplex.

Plus if they are leveraged heavily on their new home, there are likely little or no assets available to target.I'd total up the $ owed, send the debt to a collection agency (even if you'll owe them 50% of what they collect), and expect to receive $0.