You may as well just buy lottery tickets.You have to take the emotion out of the equation.

You might buy a lottery ticket and win $10,000,000 too. 

If you own a recession-proof turn key business in a busy location like a gas station, selling lottery tickets, and junk food,and gas that generates 70K profit, an asking price of over $200K will generate little interest.

If you ever find one, you hit the lottery and you better keep them happy.

While I don't mind higher risk if there are higher rewards, I don't want to just buy lottery tickets either.

There is no get rich quick path to success, though you might be lucky with a lottery ticket.With that said, I commend you for wanting to be successful and jump into multifamily.

Fair warning, here comes a rant.  I am a regular BP visitor and think the site and the vast majority of its members add enormous value. On the extreme other end of the spectrum (in the no value category) are these who...

I gotta start making more money/win the lottery and then convince you to become my guru.

(I know....I know...this is quite a wish)You invoice this tenant for his or her current months rent of $500.00.He or She pays you after winning the lottery $6,000 to pay his or her rent in advance for a year.You receive the tenants payment as you normally would.

Account Closed I just read your Profile and I'm have to say that your stated goal of 3 years to $1M could happen...if that Lottery Ticket comes in.