@Arron Robertson loans are expensive and keeping your payment low by not extracting equity will make renting the condo easier because you can rent for less if need be.

The demographic of a city is a starting point but you will have to drill deeper for meaningful information.

In fact, this flaw is so obvious, it blows my mind that so many appraisers stick to their guns and profess their adjustments have 1) been extracted from market data and 2) they are reliable.

Hello, I'm thinking of approaching some probate attorneys to build meaningful relationships and partnerships with them to eventually wholesale their clients' properties and make it more seamless of a process.I'm young and don't have that much experience in the probate world and wanted to throw this out of the BP community. 

Rent Control is everywhere because new people that plan to move those cities can't vote against these rent control laws that hurt them. and us landlord are hated micro minority.The only way to deal with these uneconomic laws is on the State and National level because it is in the best interest of the State and Federal government to extract much Tax as possible from rent.

Rents don't move in a linear fashion with values but they will track direction-ally together; so, cash flow increases over time with an appreciation strategy.You can extract value/equity out of a property with a refinance...a sale or exchange is not required.The appreciation strategy is either long-term and you ride the cycles or you have to pivot at your planned exit value. 

Unless this $40k property is an absurd screaming deal, I doubt the income from it is going to be meaningful to your bottom line with the other things you have going on.

In fact, because most checkbook plans offered by quality providers come bundled with meaningful support, you actually have better guidance and lower risk than working with a custodian that is purely a processing agency and cannot provide guidance by rule.Lending works well in an IRA, as it produces passive interest income that is fully tax sheltered to the IRA. 

At the end of the day it’s the NOI that is the most meaningful number.

I have been trying to discover a meaningful method to read the areas social structure, economics, etc.