I have a similar issue with a single family now where I provide water that is like a rotating care home, one older couple, then the wifes x-husband moves in, then her mom, then her brother.

I like the rotating round tables, where you can sit with an authority, ask questions, and move on to another table when you are ready. 7) The least?

I am looking to start purchasing houses to rent in the near future and, currently, I am considering purchasing in Louisville, KY and wanted some feedback on the type of property to invest in.I was wondering what people experiences have been with starting in real estate investing by purchasing cheaper older houses expecting a higher turnover rate vs. spending a bit more and trying to find longer term tenants .I have thought of pros and cons of both but I am considering starting out with cheaper houses and eventually, after having several units, purchasing more expensive units to try to get more long term tenants.cheaper houses higher volume pros:1) allow me to pay off the property sooner2) allow me to purchase more units faster3) Easier to afford if unit goes un-rentedcons1) higher maintenance costs due to age of house2) higher turnover rate for tenants due to proximity to college campus3) depending on property manager, turnover rate could drive up the cost of managementmore expensive, lower volume pros1) lower maintenance costs2) possibility of lower turnover if long term tenants are found3) nicer houses allowing higher rentcons1) would take longer to save up to purchase2) possibly more straining to pay mortgage if unit goes un-rented3) possibly lower profit margin due to higher mortgage paymentI know there are many more pros and cons for both but those are the top 3 of each for me.

My house has PV that generates more electricity than we use, a well, a septic system, solar pool heating, energy efficient appliances, under sized multi zone HVAC (why heat/cool house locations that are not currently in use), rotating compost bins, and low e**2 Windows.   

If there IS something big (beyond the cosmetic stuff) that the father-in-law missed , it could put your future family relationships under a lot of strain.

I have 6 keys that I just rotate out for each property.

Politicians aren't about to admit that they don't want more housing as it puts strain on the infrastructure and it's just not sexy to spend money on infrastructure, not to mention it takes away from spending on their pet projects and eye candy that can get them re-elected.

Now, investors are rotating into financials and consumer staple stocks.

Travis BranchYou can rotate your pic in our PROFILE PIC page at http://www.biggerpockets.com/profile/images

Citi Double Cash is 2% and I have the navy federal flagship which is 2% on everything. there are some with rotating 5% categories etc.