There are already some weakness in individual markets and submarkets (Denver), but I believe that the overall multifamily market remains healthy.

The point is, we all come face some sort of challenges in succeeding (sometimes, like these folks, severe obstacles), and we all have our strengths and weaknesses.

Your only danger is if the cash flow is weak (e.g. $50 a month) and the rental market tanks so you start operating a negative cash flow which means you're eating into your ability to save.If you have buy weak, a downturn will affect you.

The other thing is, the Houston Chronical had posted an article saying buyers to beware of the "30 day wait period" when getting flood insurance.

Most stuff in 1 million range is in weak suburban or rural locations.The higher quality assets run minimum 1.5 million and up in price for most strong suburban locations nationally.Options are you could either join up possibly with other family members or business colleagues to buy something larger or if an accredited investor you might could invest passively into a syndicate.An example if someone contacts me with 200k and can't add anything to it then rural type locations.

But bringing in closer to 5.5k/month currently because it’s less than half full due to a fire next door several months ago that forced them to evacuate the whole building until engineering reports/inspections were done, and with the owner being from out of town and a very weak management system in place they’ve been very slow to fill it back up.

But they all understand their strengths and weaknesses and find a system that works for them.  

Fails to tell the homeowner that they are actively marketing the property for market value and that the investor or real estate broker plans to assign their rights in their contract with the homeowner to another investor/buyer.Fails to tell the homeowner that they intend to make a profit by accomplishing an assignment of the contract.Fails to tell the homeowner when the contract is assigned to a different investor/buyer.Investigated Case ExampleBelow is an example of a case that we investigated where the broker involved in the deal was referred criminally and her real estate license was revoked.The victim had the misfortune of being on her front porch when an “investor” and his real estate partner approached her and told her they used to live in the neighborhood and wanted to move back.They figured out her weaknesses and used them against her.After “working” on her for a few days, the investor and real estate agent had a meeting with her that lasted hours.

If the numbers aren’t enough to justify the weak lien position, @Levi Rudder offered up a pretty decent solution with his notes investing strategy.

So I just ran this analysis and you can see my monthly cash flow is pretty weak.