@Bryan HartlenManaging low-end properties can be demanding due to higher tenant turnover, increased maintenance needs, and frequent rent collection issues.

But if borrowing costs remain high and interest rates don't fall as many people expect, cap rates will have to decompress further. 

They just came out with a BabyBox, even smaller one that circumvents state housing lows and falls in as an RV.

Rates were still extremely low, which made both properties extremely lucrative with cash flow.

I agree with what @Bonnie Low said about the overall market in Shasta County.

Rents have been pretty close to what the housing authorities advertise, sometimes even a bit higher.Fort Wayne’s a solid spot with low taxes and good cash flow—definitely worth looking into.

Simple mistakes can be very costly.  

I prefer markets that experience mild winters to eliminate the added costs brutal winters can bring. 

Most of the stuff you can get at Home Depot or Lowes and get it the next day, so no delays once you decide on something. 

A $107k NOI with a 43% expense ratio is impressive, even with rising costs like taxes, insurance, and utilities.