Hey Anthony, I acquire properties local to Phoenix and similar to what others have said on the thread, it's as close to dead as can be.The only time I see it actually work out to the 1% rule is on Section 8 properties, which can be great investment opportunities despite the stigma around them.

We as tenants had to acquire a shop vac and clean it ourselves, including dragging rugs full of filth and animal hair to the dumpsters.

The tenant has lived there for almost 25 years, even before I acquired the property.

I started investing in 2015 and until now acquired 5 doors, 3 of them in 2019, so my perspective is to keep growing portfolio whatever the market is.

I'm a senior investor, and never, in no way will I acquire something I have never seen.

Owning properties through LLCs in their respective states avoids the need to register a foreign LLC, which adds costs and administrative requirements.If you plan to acquire properties across multiple states, you could create a parent LLC in Florida and have individual property-specific LLCs (child LLCs) in each state.

Cash invested: $80,000 Acquired this property Sub-to as a quick flip with minimal repairs required.

Purchase price: $350,000 Cash invested: $50,000 Sale price: $550,000 I acquired this property in 2015 and used it as my primary residence for two years.

.- there are ways to never pay tax on gains (1031, owe until death, etc)- cost segregation can in effect have RE acquired at no cost- sweat equity can produce additional return.  

Acquired our first rental property and working to attract a qualified tenant.