Looking at a map, I see that is no where near Louisville.I live in the Rust Belt.

Quote from @Khalid Bryan: @James Kim hi James, yes I have actually been in an apartment building where my personal rent went down slightly.

Hello everyone,My name is Bryan Gonzalez, and my journey into the real estate world began a little over a year ago when I stumbled upon the Real Estate Rookie podcast.

@Khalid Bryan another option if not affordable rental properties is if you would like to try the BRRR method I would look for properties that are not moving ready or maybe the condition prevents them for qualifying for an FHA loan or low down conventional loan, and do the necessary repairs to make it safe to live in clean and fresh.

This got me a thinking as I’m a new investor and was hoping to buy my first two small multi family rental properties this year in the rust belt section of the US-in your opinion would you recommend holding onto that investment capital until we see the extent of the market shift then make a move, or would you just get started now to get the experience and not sit on the sidelines?

Originally posted by @Sailin Li:@Bryan Waller Thanks for sharing!

Quote from @Bryan Keller: Quote from @Andrew Steffens: I think it is a market correction talking on the macro level.  

Thereby leave investors free rain to buy these homes and turn them from what they ALL started as SFR owner occ into rental props.. that in my mind is the issue.Everyone of the Rust belt cities and mid west has anywhere from 2k to 20k vacant homes currently.

If you're okay with low end / sec8, you've got a lot of options in the rust belt and down south.

Other things he did.1) did not put a spacer between cabinets, so if I fix that the granite countertop slab gets tossed because the measurments changed and it will be shorter than the cabinets.2) He tried removing a rusted shut 70 year old clean-out drain cap, and caused it to pop off (under pressure) and flood under the cabinets.