having partaken in my share of this strategy.. difference was I was the HML putting the investor into title.. we just call it rate term refi... that model died a humungous death in oct of 2008... to only be revived about 2 years ago. and now you have lenders putting 75 to 80% debt on low value rentals all over again.and I predict in 3 to 5 years there will be another wave of foreclosures as burnt out landlord symptoms take root... what was really great for the industry and economy was the 2008 to 2012  were so much was being bought for cash... if folks start ripping cash out again.. you now take a asset that could never be foreclosed on and now it can be.. so law of averages.

He has good material to help with mindset and building wealth.I'm rooting for you!

And welcome to BP nation.PS So you are going to root for the Suns? 

A little rubberized concrete crack caulk and some paint and it will look good as new.Don't leave them unrepaired though depending on your location water may get in and freeze and or plants may root themselves in the cracks and make them worse over time.

Your question gets to the root issue of why principal reduction loan mods are not currently working and will only work if the Gov't foots the bill for the loss.

Seems to have a nice blend of both urban and suburban living, and looks like a great place to put down roots and raise a family.Curious to hear how locals feel about the area?

A lot of these guys enjoy being a part of a young professional's roots.

Statements like "...drop in vacancy of 6 out of 8 tenants over night..." are big red flags for me and may be the root of the 'better asset class' comment.

This one is going to be close for you to make money if you have to take it all the way to the end.Good luck, I'm rooting for you.

I've personally made the decision to stay in the state as it has higher wages and my roots are already planted family-wise.