I have used them, and my income has doubled.

I would have figured being short-term that the cap rates would be about double that. 

We bought it for $425k 5 years ago, did a number of improvements and more than doubled the NOI in about 3 years.

The city has been undergoing massive revitalization over the last 10+ years, has seen its first population uptick in nearly 70 years, and prices have doubled in the last 5 years.A lot of folks are finally starting to understand there's a lot of interesting growth happening in Detroit.

It's probably something that rides on top of the inflation but not very likely to double or triple your initial investment opportunities for sure.

If they have trouble with making rental payments, they need to start improving their skills and look for a higher paying job or double down and get two jobs.

I came across conflicting information online, so I wanted to double-check with the knowledgeable folks on this forum. 

Double the maintenance and capex on a 40's built home as compared to a 2010 build home and then let me know if it cashflows that much better. 

Otherwise everyone paying double or triple would be an idiot.

Purchase price: $71,000 Cash invested: $19,000 owner occupy double