Stocks, funds, real estate - it's all the same and putting all your eggs in one basket (market) is a risky move.

There is a giant goose egg along Milwaukee from about California Blue Line to Central Park and Milwaukee and four or five blocks out from Milwaukee where there isn't a single SFH or MF listing and hasn't been for months.

Properties are generally much cheaper relative to the rent they pull in, than in NY.3) Lower fixed costs - lower real estate taxes for starters relative to your rent roll, etc.4) Lower variable costs - labor is A LOT cheaper here.  5) Less stringent code enforcement.6) Less maintenance - milder weather, and younger average age of homes make for less maintenance.   7) Diversification - low entry price to buy property allows and investor to manage risk by buying properties in different neighborhoods instead of putting more eggs in one basket.In additional to the benefits I listed above the city is growing so fast that homes rent very quickly, often times before the sale of the home.  

Hello folks - Even though this was a failure I consider this a learning experience and looking for some insight since it looks like a chicken and egg situation.I won a bid on a website for a 1955 Capecod.

They won't stay if they can't plug in a cell phone without tripping a breaker or if the neighbors use all the hot water and they end up taking a cold shower.

I apologize for a any typing/grammatical errors, I am responding from a cell phone. 

We have already had our cell phones shut off because we owe $771. 

I suppose its like anything though, a few bad eggs can give the whole lot a bad rep.  

What I haven't done, until tonight, is come up with goals: #1: Take my current nest egg of $XX,000 and turn it into $3k a month cash flow in 3 years. #2: Crush goal number one. 

I am holding a tax deed on a property in Alabama that ATT is interested in for a cell tower.