It does make sense to those investors who can secure money at rates not available to us mere mortals.

One of the biggest issues in America is mortality caused by cancer, obesity, heart-failure.

It is about finding MOTIVATED SELLERS>This is what ALL of you mortals are doing wrong.

it was a rental... got it up and running got it rented... then went to collect rent himself got into an argument with the baby daddy  and that dude shot him dead... end of his dream of buying low valued US assets..... for most doing what you did in those area's is very very dangerous as to be mortally dangerous. when I worked Detroit.. the PM's office had bullet proof glass and rent was passed through a draw like  food is served in a prison cell... they never went to collect rent in person. 

It is no exaggeration saying that we were in mortal danger.As far as a second inspection, we completed an HVAC specific inspection today.

I'm trying to do the smart thing here in view of the absolutes (my mortality insurance tables) and the intangibles (the market). 

So, for us mere mortals, buying property where you can add value is the best road to take.

(Can help a bunch if your deal is value add)-Experience in Underwriting deals and due diligence-Organizing and systematizing skills-Operations and administration skills-a great understanding of construction and contractors (Boots on the ground is a huge plus)If you can already do a few of those things you may want to consider partnering up and starting to hunt for deals.But if you are a mortal like the rest of us small multifamily properties are a great place to start making mistakes.Cheers

Don't blindly follow othersGood luck my sweet lil mortals!

there is this romanticism that this is the best way to get into the business when you have limited funds.. the mortality rate  is in the upper 90s the only one who really makes any money is the yellow letter guys  LOL>you see it all the time  I want to " start by wholesaling so I can get some cash so I can then become a buy and hold investor"  @Kyle Conrad  If you want to do this just go right to the horses mouth.. go to the state department of real estate or whatever its called there and talk to an one of the investigators or who ever will talk to you lay out your game plan and ask them if a license is required.. those are the folks with the last word.