I have been an immigration lawyer for past 12 years though.

There are so many immigrants that come to this country and kill it because they work their butts off and don’t have to keep up with an image.

I developed good relationships with church ministers and professors on campus who constantly refer me really good quality tenants.  

Drug dealers, hookers, and illegal immigrants would all have to pay taxes too.As far as deductions go, every household would get a direct deposit at the beginning of the month to cover this.

But statements like "don't you wish you could have bought your parents house for what they paid" imply the same kind of long term time frames.Immigration is a significant source of population growth, and yet there's strong anti-immigrant sentiment in the US.I too think Vikram's thesis has some support.

Population growth (natural and immigration) is out stripping the increase in housing stock.

Current properties, except for 2, are run-down, poorly-maintained, disgusting, and have everything from working class immigrant families to meth-heads.  

All the tenants are somalian immigrants that work at a meat packing facility here in wisconsin.

Immigration is still robust.

Always a shortageRising populations in sectors such as Immigration, Millenials and Baby Boomer generations suggest ever-increasing demand in future.Reliable secure returns when purchased/managed correctly.Easy to understand fundamentals.Value-add options are easy to implement.Economies of scale = 1 roof, expenses can be shared among tenants and savings made.Multiple sources of income = Decreased risk in case of vacancy due to multiple tenants paying.