@Marty BoardmanThat statistic is so misleading because you were not allowed to foreclose the prior year in many locations.That would be like lowering the drinking age to 18 and saying teenage drinking is up 80%.Foreclosures are at all time lows and will continue to trend up.

Class C & D cashflows well on paper, but requires exceptional management of low-income tenants and even then you're playing a statistical performance game (Sectio n8 is NOT the cure-all!).

Area like Cupertino,Los Gatos to Stanford is just a shadow of the American economy where tech titans is just moving from one zip code to another zip code in one geographical area (like apple in cupertino to nvidia in santa clara), these companies make real estate skyrockets although, in term of statistic, the population is decreasing by a lot.  

If you do it right, it’s statistically the best market in the country for cash flow.I cash flow $100k a year off 23 doors and have built a ton of equity in a short amount of time.

-Single-family home sales declined 1.5 percent year-over-year;-Days on Market (DOM) for single-family homes went from 49 to 45 days;-Total property sales were down 3.1 percent with 10,175 units sold;-Total dollar volume was statistically flat at $4.3 billion;-The single-family median price edged up 1.5 percent to $345,000;-The single-family average price rose 3.6 percent to $443,970, which is a record high; -Single-family home months of inventory registered a 4.0-months supply, up from 2.7 months last May;-Townhome/condominium sales continued to decline, falling 9.8 percent, with the median price climbing 12.1 percent to $241,600 and the average price up 7.5 percent to $281,777.

Statistically tenants use 30% more utilities when they are included in the rent. 

We calculate rent plus all debt payments as a percentage of gross monthlyincome.Our underwriters strive to analyze and balance all the information above to determine the statistical likelihoodof a tenant paying their rent on time.ApprovalOnce an applicant is approved, we require a nonrefundable Holding Fee to make sure they are serious and don’tchange their minds.

If you can find statistics in your market for the average that would be much better.

Good.You can read the Bureau of Labor Statistics CPI release here, if you really want to waste your Wednesday.

Tampa saw the greatest increase (+10.9 percentage points), followed by Jacksonville (+10.2 percentage points) and Charlotte (+8.3 percentage points).May 2024 Regional StatisticsRegionActive Listing Count YoYNew Listing Count YoYMedian Listing Price YoYMedian Listing Price per SF YoYMedian Days on Market Y-Y (Days)Price-Reduced Share Y-Y (Percentage Points)Midwest20.5%-0.1%4.4%4.4%-32.2 ppNortheast9.4%-4.1%6.1%6.6%-51.2 ppSouth47.2%8.1%0.0%3.3%44.9 ppWest34.5%9.3%0.8%4.8%-23.3 ppMay 2024 Regional Statistics vs.