Personally, if your market tends toward the former condition (better/normal appreciation) I think it's a fairly safe deal looking at the long term, assuming infrastructure around you continues to support the idea of renting it.

@Roni Williams how is this different from a lot of agents that sell an investor a property and refer them to a PMC?

So often i speak with flippers who put too much money on their personal cards and tank their scores.

I personally left San Diego in 2017 and bought my home in Riverside County for $155,000.

The beauty of personal finance is it's all personal :) If leverage works for you, awesome!

It's always a personal choice everyone has a different perspective.   

If you have to provide negativity with your comment, then please refrain from commenting This is my personal opinion but nothing he said was negative.

DesireeI have seen this same exact thing in Memphis TN in properties located near the University of Memphis so my personal opinion is to stay away unless you can still buy the property where the numbers make sense.

If you can personally visit the property to confirm, do so.

When I had arrived I found out that this guy had one truck, his own personal vehicle that doubled as his work vehicle.. and some personal tools.