Then you have 0 recurring expenses and basically a paid for unit after just a few months of renting it out and then it's just pure 100% income with little to no expenses other than occasional cleaning.Trailer trash isn't really considered much when people are just renting out for a few days to a few weeks on air bnb for a vacation.RV sales, renting, etc are exploding now that homes have become so expensive.

Rents follow prices, and prices increased >9% YTD for the segment we target, so we expect significant rent increases in the foreseeable future as they did before interest rates exploded in 2022.SummaryTodd, as long as you can sell your property, you have options.

I am really only familar with Wyoming, which is too small and booms and busts, and Colorado (where I am from) but I think I missed the boat on the market there as housing prices seem to have exploded in the last sevearl years.

The one thing I would say and far more important price point is the amount of cash you have in the bank. yes, you can drop that 5K on the downpayment, but what happens if you have a tenant that doesnt pay rent or your water heater explodes?

When my sewer exploded at my property all that needed to happen was wash the floors down, soak them in bleach and fix the pipe.

And that was 7+ years ago, the area has exploded since then.

:)For the past decade we've seen the population along the Front Range explode while new development can't keep up.

We looked at 14 houses before we landed on one that tripled in value in neighborhood of Nashville that exploded in value over only 5 years. 

The real estate market here has been exploding and its a great time to start adding properties to your portfolio.Of course, there are a lot of different pockets that are "hot" in the area, and I have been with a team doing about 70 investment deals each month for about a year now.

I also think that if that did happen, you wouldn’t have a boiler at all anymore, it would have exploded.