He is the exact description of the mom and pop landlord that we all look to buy from when they get too tired to continue managing their property. 

(Then I never heard back and I'm tired of chasing someone to give them my business)Can anyone shine any light on his statement about the cash out refi being better? 

A Lecture for New Investors by Nancy NevilleOkay, I understand it.I’ve been there.You’re tired of working for somebody else.You want to be your own boss.You want to make money.Houses are still selling rather cheap, depending on the area, and you think, now is the time to become a Landlord!

If you're a prospective buyer of a multi-family unit, here's another tip you might find useful when you're kicking the tires on a prospective property.Don't just look at the currently occupancy, check the eviction filings for that property address (it is probably public record at the courthouse - depending on where you're located). 

I think we're going to see the demand slow and we may even see certain markets that have over-built which could seriously impact rent rates and occupancy rates.On the other hand, rising interest rates may result in fewer buyers and more renters.On the other hand, I think a lot of newbie investors are going to start selling off because they're tiring of dealing with tenants or they're divorcing or their market shifted or...Who knows?

I was tired of paying rent so I started looking for a foreclosure that I could fix up so my wife and I would have a home to live in when we got married.

A City collection over 1M residents is sick and tired of putting liens on 25% leased properties at any time.

It is hard because everybody wants to throw out wide nets, and there is a part investing that is about throwing out a wide net to focus on retention, but when he got tired of the stage we moved up to a whole other level.

Can you imagine a whole shopping center with Safeway, Grocery Outlet, Hair Solone, McDonald's, Tire Shop, Auto parts store, your friendly real estate office, etc all GONE with all the residences houses full of memories and the roofs over everyone around their head is/could be GONE in a matter of a few minutes.

The best thing you can do is know your numbers, pick a small section (preforeclosures, absentee owners, tired landlords, etc) and stay laser-focused on that niche.