I think the article puts it into perspective what why and how SF and peninsula can command prices that those that live in the mid west deep sought or other areas were median price homes are in the 150k range.. it maybe allows them to understand why.. and why it wont come crumbling down.. keep in mind the move up.. anyone who bought in mid 90s has a few million in CASH equity. as well. 

pro's   looks better on paper than a B or Acons.. wont run as advertised and return might be as good as B class or you could get your butt handed to you.

Family Trust owns - Family Holding Company - Series LLC has real property.Owning real property does not constitute doing business so an LLC in NY wont be required at least thats what I hear, still need to verify this with Pros.

In most high priced markets, the properties wont meet the test.

What was good about this is that i know rent will be paid each week and they are business professionals that are responsible and wont get into any illegal activities. 

I really don't see how they can destroy a market.

Having an ESA does not mean they can let said animal destroy the unit or disturb the neighbors.

I dont want to pay $12/ hr an entire day for someone to spend at most a few minutes responding to an email and its entirely possible that there wont be any email at all.

They wont let me send you his info on here, so I'll text it to you. 

Originally posted by @Steve Vaughan:If median home prices were over $300k and only rent for $2k like here, I'd say yes, you're crazy.it's area-specific as was said multiple times on the same thread topic started by someone else yesterday. there are many parts of rural PA old coal towns etc were you can buy a pretty decent sfr for 10 to 15k put same into it and rent for 800 ..wont every  be worth much more than you paid for it as the only one that would buy it is another investor looking for the same cash flow but I have funded dozens like this in PA.. so I know they exist.