From a cash flow standpoint, I'll be able to rent out an already sectored off apartment to cover the overhead while I improve the other parts.Because I'm essentially 'purchasing' this property for ~40% ARV, I'm going to move on this.

I have the goal of supporting a decently leisurely lifestyle (but not extravagant) at some point in the next 10 years and helping other people reach their goals.  

The housing sector though is only part of the problem.

@Coty Dolan...lenders are still lending, in the private money sector, but that's going to be the name of the game now, is knowing where to go. 

Smaller cities tend to be dependent on a single company or market sector.

Other big gainers included government (49,000), manufacturing (28,000), and leisure and hospitality (40,000).Wage growth remained strong, as did labor participation.My skeptical eye saw a slightly less rosy report.

I believe this will keep prices at least stable (even with the rates up) and things will continue to move within the investment sector of this market.

SS is actually a very good deal when you consider all the benefits as matching those in the private sector just wouldn't be affordable for most starting out.   

But I'm gonna push back on the  "taxachusetts" idea which is tired and not grounded in reality, especially when you think about the economic power of the state, the relatively decent infrastructure, high housing costs and  generally working public sector (I know, I know...but travel to some other places).

@Julia AllredRed flags could be anything from deferred maintenance, new hotel supply, competing brands, closure of demand generators (corporate and leisure). 60% CoC can be achieved but depends on the deal.