Here's a fundamental explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.

I am sure it could work well in a student setting where everyone is attending a nearby university, but other than that, I don't think the juice is worth the squeeze.Hi @Richard Helppie-SchmiederDefinitely agree - doing your own property management and renting by the room isn't for the faint of heart.  

Real estate got the early fools in based off that initial cash flow; they're no genius, they just gravitated to the lowest hanging fruit for money.

With syndications many operators are using finance magic to juice returns, but that can result in full wipeout on the investors.

If he bought this property ages ago for $33k and it is only worth $50k now, I just don't think that the juice is going to be worth the squeeze.

We are low hanging fruit, sitting ducks, vulnerable.  

By poor cleaning, I mean not just small things (like flour handprints on the cabinets which are quite visible, sticky residue inside the fridge that granted, was clear so something like white grape juice?)

I read an article I thought articulated this very well, we are seeing the collapse of a very complex system and this the fruit.  

Fruit for thought.  

Agreed the biggest issue will be labor especially on the west coast and say Texas were Hispanic labor makes up HUGE portions of the manual labor force and Agricultural.. your not going to get born and breed US citizens to work in the fields picking fruit ..