When houses were 25% cheaper and rates were half?

Another cheaper option would be to just separate the meter and have the two tenants pay for their own electric.

Rate were low, prices were cheaper and it was a great way to use a secondary home loan to buy a rental, long term or short term, especially in the phoenix / scottsdale  / az market.

I would love to be wrong on this because it excites me to think of this being a cheaper mortgage product.

Even the price has been listed for $1,895 now, the last people who viewed the property, wanted a cheaper price, and we were open for negotiations.

I don't know about cheaper insurance (yet), but at the event I went to, they said that insurance companies were advised/required to NOT price them higher just because they were concrete homes as opposed to regular construction.I do think it's feasible that eventually they'd have lower premiums as they prove to be more durable/less risky.

The biggest focus of mine would be on just having one tax lot and maybe cheaper financing.

You do 3 deals in the cheaper markets and then step up.

In general, many people start with SFH's because they have a lower barrier to entry being that there are more of them and they are generally cheaper than multifamily.

Consider hiring a property manager for the first year or two, then transition to self-management when you have more experience.Hiring a property manager is usually cheaper than losing a ton of money making rookie mistakes.