Martin and Harry Dent both predict a steep downtrend this year in the value of everything for the next twenty years as we have a Worldwide Debt problem with no solution in a Deflationary Economy.

(I call it my "mid twenties," my girlfriend argues I'm "almost thirty") To add my numbers to your example, and answer @Matt Faix's question, it is listed for 700.

I'd either buy Twenty $100,000 houses or Ten $200,000 houses or some mix of those.  

I would say at least twenty. 

I'm looking to purchase twenty (18x) 4-plexes in the next year.  

What are some key points to keep in mind as a REI in your early twenties?

I'll do that.I totally estimated the rents by averaging twenty 2 bed/1 bath and twenty 1 bed/1 bath in Spokane and used those numbers ($840, $672 & $672).I see what you mean about the rent rates in Zillow.

Many condominiums will have rules that date back twenty years or more and there was not as much concern about smoke then.

Michael Hayworth has a Portfolio of twenty houses.

I currently am in my mid-twenties and own a 3Br Condo in Northern Virginia and rent out one of the bedrooms for 800 and the mortgage is $1,500.