:)Historically, real estate has tracked inflation, so holding real estate for a long time is more of a hedge against the decreased value of the dollar than it is an automatic wealth builder.Of course, when you combine time with all the other factors you mentioned, that's where the money comes from...

Purchasing property with no down payment significantly decreases the potential universe of property available for purchase - again achieving positive cash flow can be done, it's just much more difficult.Good luck!

It also helps to increase productivity and decrease feeling of isolation.

I tried using turn-key guys to get into a dozen markets at the same time - it didn't work out well as I was entirely dependent on them for results and most were just marketing arms with no muscle or real intention of delivering what they had promised.

Any help or guidance you can share from your experience is very much appreciated.Hi @Ali Boone, we love muscle beach (Venice Beach)!

The property is rehabbed and looks good, why not have your agent or another agent specializing in rental management take over and do all the work leaving you without the time commitment, just the positive cash flow.I sort of see your agents logic, the foreclosures have torn apart certain areas and have decreased the values of ALL properties there.

Decreased or increased rents?

I'm also assuming 92% occupancy, and if occupancy decrease, I'm out the bill.

Brianna:Banks will try to muscle you into submitting your taxes along with your mortgage payments - here they'll also try to sell you {life/disability} insurance to cover the mortgage in the event you are hit by a bus - however, they cannot force you to pay your taxes through them.

But as affordability decreases, the opposite tends to happen.So I'm not sure if we are in a bubble as lending has been the safest it's been in a very long time.