Also take into consideration that in California, if you lend your money out over 10% without using a Broker, you could suffer usury laws...

If you buy where there is less future value, then over time your cost of opportunity goes up.That's the lesson that Marshall had learned in his 2007 Coop Purchase and had corrected with his 2013 Windsor Terrace Purchase.You will have to do enough research to know if you are going to suffer too high a cost of opportunity in the next 10 years.BTW, I also have a cost of opportunity since I didn't invest in Williamsburg.

If we see another downturn, these markets won't suffer much either. 

HGTV shows are all the fun, magical parts without the time, energy, and suffering in-between.

If one of us suffered some injury or debilitating illness that prevented working, we would have survived but been forced to live that life of sacrifice forever. 

It's a cliche.However,one other fad we have seen on BP is this pull to lower priced markets (I won't mention names so as not to offend sensibilities,but you probably know them).The reality of the business is that these markets are lower priced for a reason.You may be getting an assassin's cash flow and C-O-C returns today from your units in these markets but when jobs hemorrhage in a recession,your cash flow rapidly turn negative.Big markets suffer less in a massive recession.Occupancy and vacancies mirror what the local job market is doing.The sole reason I relocated to Jacksonville from Cleveland in 2011 is to stop being an "out-of state investor".That brings me to the other point under this topic.We saw a very lucrative 16-unit listed some 18 months ago.Well,it should be lucrative,except despite listing at an attractive price,most interested buyers couldn't get the numbers to work.The numbers didn't work because the out-of-state owners were getting absolutely wiped out year-on-year by phony expenses logged by their "boots-on-the-ground" and PMs.Even in strong markets,it's crucial to buy in good parts of town.That way,when vacancies inevitably occur during the apocalypse ,your copper wiring or HVACs won't be stolen....or your property vandalized.Choose your market wisely.

Suffers a small stroke.

Saying what he said didn't cause any of his tenants or prospective tenants to suffer a loss.  

If I get an attorney, am I able to go after them for pain and suffering and have them pay my legal fee's if I win?

Their point is that some populations such as retirees, the disabled, sufferers of mental illness, etc. are willing to spend a greater proportion of their income on housing (their documents online explain this reasoning).