Investment Info:

Small multi-family (2-4 units) buy & hold investment in Phillipsburg.

Purchase price: $264,000

Cash invested: $30,000

https://www.lehighvalleylive.com/warren-county/2021/11/how-a...

But the land and foundation make this close to a million dollar monster when finished. 

@Delbert Standifer My humble opinion here is that your “friend/mentor” just MIGHT be trying to pull the wool over your eyes. 1) Regardless of when you will “own” the house, you are buying a MONSTER of a problem.

It is a 3 year old, not a monster (I mean as far as I know) so as someone said a small piece of chain link or even chicken coop wire zip tied will solve the issue.  

Most of what these big box companies tell you are half truths. 4) Focus on relationships over sales production and you'll actually build a career and not buy yourself a 9-5 expense monster. 5) Keep your overhead low.

There are many many many more things I can state here BUT BIGGEST BIGGEST are you willing to work long long long long hours, and willing to be a monster at what you do?

Separately, many argue that loose monetary policy actually benefits asset owners...low rates, booming asset prices (stock market and real estate), and inflation.Forget about the left and right and focus down the middle on what you can control...keep gobbling up those tax deferred, cash flow monsters!

If it's on slab, there's a good chance of making plumbing problems in trying to repair it that only show up a few years later and are a monster to deal with. 

"This is not who we are," a parent of a horrible child said to me recently after their kid deliberately smashed my child's robot toy and got caught out running up to a disabled child and making fun of him repeatedly. 

Compare this to any city and the Midwest and it becomes even more impressive that Columbus is exploding right now....we're the only city in the Midwest to experience growth during COVID-19...still retain AAA Bond ratings across the board, have a maxed out rainy day fund and a windfall of tax revenue.Columbus is becoming a hotbed of tech startups to include Olive (AI), Cover My Meds, Root insurance, and Path Robotics...Sequoia Capital has entered our city and providing venture capital for the first time in its history.Bottom lineProperties are still very affordable when compared to national pricesRents are starting to keep pace with purchase priceTop 3 landlord friendly state with no legislation on the horizon to change thisExplosive and sustainable job and population growthUnbelievable appreciation...30% year over price appreciation in entire zip codes is commonOh, and we're insulated from natural disasters...plenty of fresh water...and improving infrastructure