For example, 2 or 3 bread and butter 3bd/2ba SFR can easily be purchased with $400k and will generate more cash flow than the townhouse.

.:) I stick to the basics just to keep the house from looking completely bare.By the way, I'm mostly reselling your basic Middle Income Bread & Butter houses.

You want bread and butter houses that the majority of people can afford.

People who live in high priced areas are going to have to do a little driving and find the bread and butter neighborhoods, with the lower house values.

I don't much like two bedrooms because there's a smaller pool of potential tenants. 3/2's are the "bread and butter" houses.These sound like $20-25K to fix up.

Different properties are going to adjust differently on expenses-- newer compared to older, apts to cheap houses, cheap(bread and butter homes) compared to expensive.

It is not good or bad - it just is.PS - we work for a good many of the REIs in town and our bread-and-butter is the HO, so we have a lot of experience in this area.

The "bread & butter" are the 1500-2000 sq. ft. 3+2 & 4+2 homes.

Recently Bank of America is better than CW - points are high and the last conversation I asked about a straight 30 year fixed and the phone CW contact stated " those loans aren't our bread and butter loans" Pushing ARMS, etc.

At its heart it shows a few things that I think are pretty important:1) the counter-NAR/MLS culture is trying to get organized and strike in the right place -- Congress2) NAR lobbyists are all over the subcommittee already, they see this type of hearing as a direct attack on their bread and butter; their presence is directly reflected in the comments of the congressmen3) If you're looking for future trends, here they are; the writing is on the wall.