In today's ultra crowded and competitive market, those that dig a little deeper are the ones having the most success. 

@George Fitz Yes 90k/mo is the accurate and "conservative number" From his demeanor I know this guy knows his stuff, and all his calculations were ultra-conservative for this situation.

Josh, I'm a bit late to this party but would offer my 2 cents. 1) Real Estate agency is ultra competitive.

Spacious living area boasts a floor-to-ceiling fireplace, ceiling fan, and accent lighting.

But, at a high level, new (bigger, 100+) apartment buildings are put up by big developers, backed by their own money, banks, ultra high net worth individuals, etc.

The properties he described and suggested would have made poor investments.I had an agent last year who showed me a triplex and boasted about about the fact that the tenant in one of three units was also the handyman for the property.

Flippers have to buy ultra low to make a resale work whereas a landlord holding to rent or a home buyer looking at  a property that needs work but can still get financing will pay more.

The S&P 500 did 6.9% in the last 10 years, so it's a wiser play assuming rents don't go down, which they haven't in Boston for a long time (excluding luxury and ultra-luxury condos, which there are too many of right now, and my place is not a luxury condo).

Lot's of trash out there where I scratch my head why anyone would ever buy such a property.On the flip side there are investors who are ultra conservative throwing low balls out there when the market doesn't dictate that spread or yield.

Ohio has a great repossession law on land contract, close to evicting.ROFR or right of first refusal and a lease can be a tool to motivate the buyer to buy.Buyer Incentives like paying all closing costs or even "we will pay first 3 mortgage payments" like the apartment ads, or "free 99 inch plasma ultra smart tv with purchase" always help sellers sell------ For buyers buying on seller financing, I would first go to a RMLO or  registered mortgage loan originator; unless you've been under a rock since January 10, 2014 the federal government has made seller financing difficult.