Because my duplexes are not demanding top tier rent then there is little risk to default from not being able to rent my units, which is the life blood of rental income......being able to consistently have occupied property, producing predictable, reliable, steady income.  

In NYC I am looking for small buildings in upper Manhattan (Hamilton heights, Washington Heights, Sugar Hill, Harlem etc). 

I see we are back to the tenants again rather than the system.Doesn't it just boil your blood when you see a family that maybe had a decent job for years and acquired some nice things and then they hit really bad times where they qualify for housing?

Pay for the property based on the current cash flow, which would sound like 25% below market since the rent is essentially 25% below market for the property and make those numbers work...or have the seller get rid of the tenant before taking ownership and bring in your own tenant, if the tenant is on a fixed income you will not get blood from that particular stone...best of luck.

Depreciating that bathroom over 10 years (Very few things with 10 year lives unless you're manufacturing sugar or vegetable oil or using ADS which you shouldn't do unless required, not sure where he pulled that number) when it should be 27.5 years gives you almost triple your allowable depreciation per year.

Berlin has great potential and needs new blood desperately.

To answer your question, I had looked at the median annual price-to-rent ratio for the region (because that's the data that I could find) and the Houston-The Woodlands-Sugar land area was 9.92 over the last 12 months. 

They are the equivalent of a wheelchair or grab bar or blood sugar measuring equipment for a disabled person.

(the secret i because there is a lot more sugar in Pepsi)I am personally working on my 10 year marketing plan and it is well under way.What do you think happens when people do a search for  the most relevant keywords in our space?

Anytime we can use a drone and not have to use flesh and blood military personnel etc. is ok with me.I would like to see them enforcing border security with live ammo.