My friend I mentioned with 10 Memphis properties spoke about the area's job growth, its role as a major epicenter of global distribution, and 50%+ investor owned housing.

This is why many CA people invest in the midwest.Jeremy:These "rules" of 1% and 2% are merely guidelines - rules of thumb, if you will - which are very much artefacts of the U.S.A. domestic real estate market - and, as such, should not be expected to be applicable globally.  

Yes, both Harbour Funding and Global Community Development are small companies based in Cape Coral, controlled by the same people.

Or you always get the interior paint estimate close but exterior is 20% over what it could have been because more times than not there is some rotted trim that needs replaced and primed that couldn't be seen in advance.I put an overage percentage in my calculations but it is global.

They state over my entire portfolio my Global Cash Flow is below their standards. 

Also the depreciation laws for tax savings have a couple of major loopholes which can save you a large amount on income tax.The negatives are close to zero capital appreciation, a declining population due to the lowest birthrate globally (currently dropping 250,000-300,000 people a year), floating rate on most all bank loans (although it's a near certainty these won't be going up anytime soon as its been said if interest rates in Japan hit 2.5% the government would currently go bankrupt), and the highest debt to GDP ratio of any country in the world putting a dampening on future economic outlook.For net yields you're looking at 3-6% in and around Tokyo, 6-8% in the other major cities, and closer to 8-10% outside of that, although there are always lots of exceptions.  

Fortunately, things have worked out.Let me ask you this question, how many MF loans (5+ units) went into default during the Global Financial Crisis?

You can buy a pack of gum every month, and pay it off, and over time your score will increase.

I have heard horror stories that 100+ year old properties are like gum on the bottom of your shoe that never goes away.

I bailed many a flipper out in 08 who were counting on helocs to carry the day only to have them frozen like the North pole ( pre global warming.)