I initially got interested right out of college, when I didn't have much capital, didnt have a stable job and was living with my parents.I'm now living in Jacksonville, Fl with some saved capital and a bit more maturity, and I'm ready to jump into the REI industry.

Larger properties bring you economies of scale, more stable cash flow, but, typically, less appreciation than a residential (1-4 unit) property (because they are run like a business) ... though in TO, with its condominium addiction, there is plenty of speculation on larger properties as well.

Am I stuffing it in coffee cans and putting on the shelf with my 'prepper' supplies?

Hey there, a little background: I purchased my first investment property at the end of December, which is an owner(me)-occupied triplex located in DeKalb county in Georgia, USA.Everything is going well, I've moved in to the unit, I have a roommate, and I've rented out the other unit to a great tenant, However, here is the snag: I inherited an existing tenant who had been in the property for almost 9 months and is historically chronically late on paying rent, but he has always paid it.His story: He apparently used to have a stable job when he first got the lease, but now he does freelance general contracting/handyman work.

Ultimately, if it's simply a buy-and-hold investment, the area shouldn't matter too much, except that I want the right amount of stable growth coupled with consistent job growth.

Enjoy the golf, lunch, and top-shelf scotch tomorrow.

If those numbers don't appeal to you then there is no reason to search for a good deal, just go buy off the shelf.

I have them on my book shelf.

Let's assume a location of stable or growing job market and population.

To answer your question Steven, we both have stable jobs at the moment and as such aren’t interested in generating income.