They tend to have ongoing sales and cash flow daily and they keep up the building and what it looks like on the inside for customers.

If so, you may want to avoid people who play those kinds of games.

Liability in this game is huge and if you work on a house yourself or you employ people to do it and it malfunctions then it's on you to fix it, whereas when you hire subs it falls on them to warranty their work.

But Ive been in this game a while.

I know how horrible it could be dealing with deadbeat tennants, crime, vandalism, evictions, collecting rent, etc.BUT, when $30K buys the whole house, it seems like there could still be opportunites to cashflow, and you can get into the game cheaply.

The cap rate compression game is over.Thanks, guys!

Business is business and the customer always pays.

I am a numbers girl and Apartments and condos provide amenities that bring value to my customers.  

We just discontinued all our HomeAway listings because of the fees and their horrible customer service.

People are generally happy to help newcomers to the game, so you shouldn't have too hard of a time getting out and seeing some real-life deals happening.