I look at the flip side ... a few months ago everybody, their brother and their mother were investors - I have seen less competition the last few weeks and have had clients pick some up that may not have been able to a few months ago.

My father is willing to go in based on the fact that he expects my mother to live a very long time, and would like to provide some extra monthly cash flow for her. - Positive cash flow will be put into LLC bank account until we have (an already agreed upon) $XX in for repairs, capex, etc. - Once bank account balance is satisfied, we will split positive cash flow 75/25 until we have both recouped our initial investment - this allows us to be both paid back simultaneously. - After we have recouped initial investment - we will be 50/50 owners - split cash flow/expenses 50/50.

There is a property that my Mother in law wants to buy.

I assisted in the finding and buying of the property with the goal of helping our mother live rent free with some cash-flow for living expenses.

Today, everyone and their mother is doing “rental arbitrage”.

Now to make it even sweeter, me and my mother currently reside in a house in the Bronx that has a remaining mortgage balance of 225,000 with an unnoficial estimated appraised value of 719,000 sent by the bank.

Again no reason people can’t pay their rent even if they are on section 8 because my mother is on section 8 and she has no money saved but is still able to pay her rent in unemployment and then go back to work on the 13th of April.

But her landlord sold it to their mother.

I'm sure if/when it does you'll see everybody and their mother saying "I told you so", but they've been telling us so for forever now and it hasn't come to pass.You may be right this time, but it's just made me very aware that I don't have the market knowledge or sophistication to place any bets on that being case.

My mother-in-law is also excited to play that game.