Please note they can be risky, and I am not endorsing them, although I have personally used them at one time or another1.

If you get a higher income tenant (e.g engineer, tech worker, doctor, RN, etc) you may be able mitigate some risk. I

Risk is relative to every seller and you'll need to answer accordingly.

I have two friends who own rental properties and they are successful with their properties, I read Rich Dad Poor Dad twice along with Rental Property Investing and Power of Habit, I've been told by multiple people apart of the Baby Boomer and Generation X that they wish they invested in Real Estate at my age, I was a Resident Advisor at my University and I enjoyed that role so some of the skills are transferrable, and lastly this is the best time for me to take a risk. I

What is my risk?  I

______Now I am not making any outright accusations here, but the whole thing smells pretty fishy, and I think Bob Prisco / Stevens owes the BP community an explanation as to what's all going on here. not only that he advocates buying the most risky property in Cleveland IE east side hoody stuff..

It's always a plus when you can get your property valuation increased and the tenant pays for the new item, just so long as your downside risk is mitigated, too.Good luck!

I’ve also considered cash out of state multi-family but doing multiple into one 1031 exchange on my first time sounds risky and stressful.Mostly I like the idea of selling a house here, 1031, then a cash purchase in the midwest/south etc (Then if successful, repeat).

Relying on advice from Layman in the field seems like a very risky way to conduct business.

This is risky since we are out of state so I am looking for pointers on how the transition works on a section 8 and really anything else you think could help my research.