Great points about keeping an eye on wage growth and it's a hassle for tenants to pack up and move.

As an Aside I follow Ryan Murdock on facebook and he is traveling the US in a RV  US and Mexico and has been at least for almost a year it seems so maybe his roll has been taken over by someone else in the ORG..

There are also REIA groups in nearly all major metros.Conferences: The Biggerpockets conference and/or the Best Ever Conference are two good ones that will let you meet investors of all shapes and sizes, from syndicators to LPs to direct owners in nearly all asset classes, from SFRs to Airbnbs to apartments and retail, industrial, RV parks, etc.

Rates seem to be steadily declining.Top MarketsCalifornia, Florida, and Texas are leading the pack as the hottest markets for short-term loans.

Young people may see no issue with packing 8 adults into a property, but families with children don't want that traffic in their neighborhood.

Purchase price: $1,400,000 Cash invested: $300,000 Chimney RV park is a 5 star retirement park in Mission Texas.

Buy an rv and live there.  

So to be sure, you would have to send ALL tenants packing at the end of the lease term and find new tenants.

Deposit for another place + $ to actually pack up and move his stuff.

The only thing I can do to help justify it is that now with income in the highest tax bracket, I am saving 37% on any depreciation I can get.Will someone either wake me up to my new found delusions or encourage me that I am still on the right track.Buying rentals that don't cash flow is like buying a bike with two flat tires and no seat to sit on, then trying to ride home from the grocery store with a back pack of groceries on your back.Will it eventually get you there?