I am aware there are additional fees, but w/ no experience I'm not sure what they are or how to work them into the model... I

His model is for folks earning $50,000 a year.

They will keep all the traffic and if they can pivot to a better model. I

With the apartment complex business model I have increased these apartment complexes value by increasing NOI dramatically and people still say I am crazy in not so many words.  

Also because I can’t stomach losses very well and I entered into panic mode when I saw my 401k drop $30k in a week.

Last bit of info to share; had a call with an agency lender we do business with and VP of lending indicated they are in a "wait and see" mode.

But in very rough areas.If you go out of state, I guess you will find similar opportunities as you find in Central Valley.When and where to buy is a difficult choice, up to each individual’s own decision.I am not buying right now, waiting mode.

You CAN spend even more money and get battery backup with this mode... so if the power goes out you can have a small amount of energy to run things other than the HVAC or stove... like a medical device.

Puts it in the hands of a judge, which I wouldn't be afraid of, and also doesn't let the tenant get into bully mode.  

Hey Nick, after reading through all of these replies back and forth I couldn't agree more with Albert Hasson meaning you're starting to go into Analysis Paralysis mode.