Yes, the ROI could be lower (on paper) but I would argue that over a 10 year period this rental will outperform the C class properties that many investors desire.

@Eddie L.I would actually argue that you’re more at risk with less properties.

I would argue that if you never risk anything, you never gain anything.

I would definitely argue that house hacking with an FHA loan is the best option, and while it may be difficult to make the numbers work in Boston proper, there are a lot of areas in the suburbs where the numbers pencil.

I've also read Ken McElroy's ABC's of Real Estate Investing and currently reading Brandon Turner's Investing in Real Estate With No and Low Money down.

I'm sure you could argue about some things like foundation repair...what about HVAC?.....

I would argue that is bc of these areas ability to attract so many people of higher net worth in part because of the public services.

Everybody's situation is different, but I would argue that you should not be showing a loss on your taxes for rentals if possible. 

I would argue for the same reasons you are concerned about real estate, the stock market is worse!  

That's just one reason why we love the Midwest and especially Indiana.While Evan pointed out cap rates and rent growth, I'd argue that investing in Indiana has a tortoise versus hare approach to it.