We have very harsh winters.

Less than 2 minutes later, I got an email from him.It's silly to let what should be a minor annoyance ruin a day where we closed on 2 deals and look to be putting 3 more into double-pending status, but this guy really harshed my mellow</end rant>

All in all, it is the harsh feedback that is most impactful and memorable.

I agree with Wheatie on funding options but an even more direct (if not a bit harsh) question is if you can't afford to buy a $14k house, what exactly is your investment strategy?

Instead, loans would only be made to people with truly excellent economic prospects, and with harsh, strict, academic and workplace-related terms.I'd argue that all of this would be better for the students.

I don't want to insult her, nor harshly burst her bubble that this home she recently rented for a year does not have A/C (as is common in this mountainous area).

Cook County is the only most populous county that lost population (182,066) in the last ten years with a 3.4% decline and I grew tired of the harsh winters and high property taxes there.

@Charles Soper,that is what I figured and I didn't mean to be harsh on you... over the years I've heard all kinds of questions and ideas.

I certainly would not purchase this property if I did not expect continuing rent appreciation as it is detached duplex (two tenants are typically twice the work of one) and the current cash flow is too low for me to justify the effort.So far the extent of our value adds has been rehabs with potentially adding bathrooms.I have significant confidence of continued rent increases over the next few years at least: 1) rents lag property appreciation. 2) vacancy rate is real low. 3) cost to add more than ADU is high - it coasts around $100K to break ground for residential in San Diego (permits, surveys, etc.). 4) Minimum wage increases already approved.  5) one of the best weather climates in the US.  6) rising population: one recent study had San Diego as 13 highest population increase of large US cities.  7) geographically constrained: Constrained by Mexico to the South, Pacific to the West, Camp Pendleton to the North, and the East quickly gets harsh.  8) good and varied employment: Hard to manage a employment category melt down that could impact the range of employment in San Diego.  9) environmentally diverse from mountains to desert to beach to happening urban center.This weekend I plan to send 2 rent increase notices. 

@Gareth FisherThanks for the post.I think the corollary of your argument is that we are so conditioned to hear the success stories to motivate us to go out and do things or buy stuff that there is little room for the harsh reality of business being anything but an endless string of success stories.