The buyers are still out there, but the properties are far fewer.

The housing market will drop when a bunch of people want to sell (and downsize or switch to renting because they can’t afford their mortgage) and/or fewer people want to buy because they lost their jobs, or don’t feel owning is as good of a deal as renting.

I think having the mindset of the other people will help me take care of the property is a dangerous mindset to be in.

It's a great way to earn interest on your cash, but thinking it is simple, even with experienced borrowers, can be dangerous.

From what I understand, asbestos is only dangerous once it's released into the air.

A triple decker that was gutted 20 years ago is going to have a lot fewer issues than one that has a lot of original systems still intact.

My thought is that fewer people are moving, but that leads to lower inventory of available rentals too, so it about evens out.

Condos can be great for flips as well, because there are far fewer major items that could need repairs.

., I can't rent to them as my insurance doesn't allow dangerous breeds and the mortgage company requires insurance.

You're probably not going to see amazing long term appreciation rates from a city that is chronically in the top 5 most dangerous cities in the US.