You are perfectly legal and right to do so.

Values go up, tenants pay down the mortgage, you refi, and keep buying.Don't over analyze looking for the perfect deal. 

Tip #1 - no such thing as one perfect market There is lots of data on Bigger Pockets and MTR experts that have released rankings of top cities for next year, but remember it's not just about the purchase-- it's also about the operation.

Perfect for anyone in a small place or who doesn't want to fire up a range.

Which is perfect for us.

Rarely do you see someone with perfect credit all of a sudden have a short-term hiccup (usually due to illness or something like that).

For example, you can buy 5 new construction homes at great price points in my market that would be perfect for this strategy.

Account Closed Thank you so much for your thoughts - it sounds like you already know this tenant because you’re describing him perfectly.  

If you want more time, REITs and stocks are perfect for you. 

However, I just purchased a 5/2.5 perfectly situated next to a larger university in Chattanooga and it has been very hard to find tenants.