Are you saying that appreciation investors can get trapped in a way, because they can have a hard time turning their equity into leverage (via refinance) due to the negative cash flow that would result? 

However, if you are interested in section 8 or rent-by-the-room investments, these strategies can provide more cash flow but come at a higher risk (one of the many tradeoffs in real estate).

It had one of the worst insect and roach infestations we have ever seen.

It had one of the worst insect and roach infestations we have ever seen.

My tenant was in the attic and said they found some what appeared to be fresh rat poo.I sent a pest control guy over there and he came back with the following recommendations:- Apply detour and traps in the attic - Follow up to seal points of entry- Follow up to fog attic with DSV- 4 holes needing to be sealed- 2 traps neededTotal price - $500. 

His office specializes in Section 8 and has a relationship with most of the caseworkers and inspectors in my city.

No structural no foundation repairs, no termite infestation or other insect infestations, no mold remediation, no roof replacement, no septic).

Typically most of the smell is trapped in carpets, so tear them out.  

However, advancements in manufactured home design have significantly improved their quality and aesthetic appeal.Modular homes are constructed in sections at a factory and then assembled on-site.

My money ($100,000 or $50,000 for RE debt funds) would be trapped in the syndication and I can't get it out if I need it.