This lower income housing.

Price cuts stem from a few things: - Agents/PM's over promising on income- Buyers not doing their own due dilligence- Buyers thinking they can take a place that hasn't changed since 07 and bring in the same amount of income as a new build that had an interior designer come in and make it sweet.That goes for The Palms, Destin, and any other major market.

If you take over the loan subject to, which we sometimes do, it stills leaves a problem with his debt to income ratio in qualifying for a new loan.

Over three years, the rental property accumulates $100,000 in net passive losses, which remain suspended due to the absence of passive income to offset them.

Figure a few grand to paint rooms, replace carpet in a room, deep clean and spruce the property, replace a fixture or two, etc.If you have to replace your resident annually the $9600 total income will get a gut punch.The true value of the higher-end neighborhoods is residents know if they move out of the home they have it's a challenge to find another, especially if they have been there a few years and have a competitively rewarding rent rate.All this really is is basic economics...sell ten custom widgets for $1000 or 100 standard widgets for $100 each.

The AirDNA estimator calculates a $16,000 annual net operating income.

After five years you'll have earned $90,000 in rent income and gained $34,000 in appreciation.Buy four houses with $50,000 down on each.

I now have a low income 4plex that I would like to rent to section 8.

This is how Wall Street brainwashes us to constantly throw money into a 401k instead of investing in income producing real assets.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $4,000

Cash invested: $35,000

This was a big project. This property is a duplex owned by 1 family. The mom l...