Sure, some absolutely have benefited, S.Korea is a fair example BUT, one can argue it would just be "Korea" today if only MacArthur wasn't planning a run for President there after and ignored Chinas warning and offer of peace to stop with all but total victory, instead pushing to Chinese border, pulling them into it and literally loosing the entire north....    

It also sounds like you don't fully understand the laws.I took his post to mean that originally the tenant was paying the full rent by making multiple payments late during the month, but then started to fall more behind by only paying a total of 50-75% of the rent each month.

Will the ratio of apartment renters to the total population go up or down in the future?

Hi @Douglas Alexander, I've used the VA loan many times, but never for MFR.You can't use it for more than a 4-unit building, so 1-4 is OK, 5 or more... nope.Great plan though to house-hack it.Let me know how your research turns out ref. building from scratch.Could be an interesting idea... build like a 3/2 for your family and 3 more smaller units.Then when you move out, you can rent the 3/2 for more obviously and could earn some good cash flow.

I’ll never understand people who cede total control over to a property manager (including letting the property manager own the listing, OMG, never ever ever do that!!)

My thought process going in was that the roof would be 1/4 of the total rehab budget.

If he’s an only child that’s the obvious way to go.

I totally agree prices on the West Coast can be a hurdle,but with the right team, BRRRR is definitely possible.Wishing you all the best. 

Dallas-Fort Worth is a smart choice, man the growth there is off the charts, and there’s plenty of room for first-timers with the drive to go all-in.I remember helping a buddy of mine who was in a similar boat to you, he was switching from a totally different career and diving into real estate.

Rent it cheaper for 4-6 months to get through the winter, then rent it for a higher price or sell it in the spring.I recommend selling because you don't have a good property manager and the market is obviously not strong there.