@Dan Heuschelewell, i do think it is a good investment, especially when you consider the instant $100K equity upon purchase because the OOS seller did not know the true worth the property....On expenses, HOA covers exterior, inside is just remodelled (as you can see from the link), no PM or vacancy in practical sense....

Each time prices were high, wages were high, property was nuts, trailer parks sprang up like weeds and filled instantly.

Instant Guaranteed Approval.

This is great because the hot water is almost instant.

But we already have the right mindset on holding off instant gratification to buy assets first and then use the asset money to buy more assets and some of your own personal expenses.If you get into this habit at a young age, you are setting yourself up for a wealth of success.I wish I could've started sooner, but no regrets.

Precious metals soared instantly along with the stock market.

If you purchased tons of instant equity, the price can drop and you will still be covered.The interest rate that you pay is a big consideration when you buy and hold.

Instant Equity - We look for deals that have equity in them.

While most background checks complete within a few minutes, unfortunately county records are not always available via an instant electronic search, so in those cases as researcher does need to work with the county to find and verify records which can take a few business days.  

My goal is not for instant cash flow as I have a good paying job already but to acquire 15-20 properties with the similar mindset so 15 years down the road I would have high equity in all the units with a high cash flow.