Unfortunately, life seems to have an unlimited supply of lessons.

The supply is insane there (hence the 45 of ARV and ability to assign) and the area is losing jobs as 17%+ of it's employment base was dedicated to construction.

Rents follow the law of supply and demand.

My real estate agent had one so I went to the local office supply.

I don’t know where you are getting your information, but it is wrong.The FED is NOT privately held.Also, overnight lending is a primary function of the FED that anyone who pays attention knows.The FEDs primary purpose is to manage the money supply and maintain liquidity needs.This from the Federal Reserve website: Who owns the Federal Reserve?

Downsides here are the higher risk, higher costs of financing, and the limited supply of commercial multifamily properties that can be purchased and rehabbed for under 65% - 70% of ARV.

Well, I paid for a few gallons of paint, supplies, plus a bit of sweat.

Reprinted with permissionWhen choosing an area where to buy a rental property, there are several things to consider including, distance from your home, supply of potential tenants, average rents you can collect and the ability of tenants in that area to pay you.I would choose property where people want to live, close to shops, parks and decent schools, and in a well-kept neighborhood.

There is still quite a dispairity between ROI for a rental unit but with supply dwindling and demand consistent single investment units are still good investments.Sorry this reply is six + months late :D

I sell them for $75 each and supply the hoses, vent lines, etc. and do the hook up.