I personally would not perpetuate that practice, even if it meant not being able to pursue my REI interests. 

https://www.aier.org/article/the-perpetual-tragedy-of-new-yo...https://aoausa.com/the-destructive-power-of-rent-control-by-...At the very least, the concepts of rent control and "just cause" violate the 5th amendments' takings clause. 

Its already starting, hence no inventory for a reason All the best  Yeah I have seen a lot of movement in that market recently on the lending side It's crazy, we used to get 30 -40% NET per year with all in at 25- 30k, Now those same props are 100k+++++ with 15- 20% net. still good though.

You already posted this scenario.. while it can happen you will have to hunt for it.like all things real estate returns price for risk.. rare is there high cash flow AND appreciation.. and tiny appreciation like 3% a year might look good but its not real.. you buy a rental that will make 12% under your scenario you need to find a 50k house that rents for 900 type thing .. which you can find.. so 3% appreciation it goes up a whopping 1,500 a year.. but in reality it stays at the same value.. since the next investor wants to make the same money you are.. only way values increase substantially is rents go way up.. and in cash flow markets rents ( which is a good thing) are generally very stable with not a lot of movement up or DOWN.But for your exercise check out small little towns in PA  and outside of Pittsburg and up towards Erie.. you will get the cash flow i bet.. appreciation only on paper not in reality.

My 96 yo grand mother isn't going to learn to code, yet something's gotta give.Other things like the FIRE movement and digital economy are marginally reducing demand in cities because people are moving far from their company offices and working from home, starting new businesses or retiring early or taking new jobs in rural cities where the cost of living is much lower.

Awesome, congrats on your first flip. let's continue the movement with the great lessons learned.

You could always seek a perpetual easement for the drive or ask if they'll sell the portion of the lot where the drive is located.

To keep it simple, I round to 7%, knowing it meets my 6% rule of 'perpetual withdrawal without touching principal'. 

I hear all kinds of stuff on those channels that many people  believe is a substantial mass movement that I never hear it being a problem anywhere else.

I am seeing a good bit of movement in that market.