In your situation with a house hold income of 100K you do not really need more money or the hassle of real estate.

I also mentioned that only the two heads of the house hold (husband & wife) are responsible for paying the rent.

I've suggested this method to friends and relatives who are single or have small households.

Our household income is ~$120k and we would put 20% down on the new property.

However, there are many cons which make me concerned:Philadelphia, PA: population growth rate is slowing down, high crime rates, low median household income, etc.Baltimore, MD: the population is decreasing fast, high crime rates, negative home appreciation the last 10 years, etc.I have a saving about 100K - 150K to invest.

At 40 you should have a 401K underway and have additional savings for emergencies.With a house hold income of 50K this should be possible by analysing your expenses and cutting out luxuries.

If you have a low personal and household debt ratios and strong credit history, you should be able to achieve 0.3 - 0.5 off the posted rate with little effort.

The 4k savings I mentioned before isn't our complete savings because I have designated the other income to property emergencies also our household emergency fund of 1k.

Hey I'm 21 years old and looking to flip houses as a job and acquire multifamily households to build passive income !

We have certain metrics we look at, job growth, population and household growth, # major employers, tax friendly and business friendly markets, favorable landlord laws, are just a few.The trend will stop when rates rise and or money decides to rotate into another sector.