There just isn’t a cheaper place to live and there is no new supply in the pipelineThat being said we have only seen rents go one direction for a decade.  

-Total dollar volume increased 12.8 percent to $3.1 billion;-The single-family home median price rose 2.2 percent to $250,000, achieving a July high;-The single-family home average price was up 2.2 percent to $312,727 – also a record high for a July;-Single-family homes months of inventory reached a 4.3-months supply, up from 4.1 months last July and just slightly below the 4.4-months supply reached in June.

It could be a $400 suit supply suit.

We are all troumaticed from what happened ten years ago, but that was not an economic recession, it was a sub-prime mortgage crisis combined with a overproduction on new homes (a LOT more supply than demand, often driven by speculation and hot money).

Don't place too much value on this "estimate", true value is largely determined by sold comps (in the single family space) and supply/demand.

You don’t have to worry about supply and demand and whether or not your property is going to sell for the price you anticipated.

And, those stories are the reasons I did my Living Trust three times.I deal with a supply house.

Keep in mind there was record home ownership and rental property supply was building.

They will require anybody with over a 20% interest to supply credit scores and net worth requirements and this blows a lot of deals up.If one of the partners has horrible credit and low net worth, make sure you make him either a silent partner or low percentage ownership on paper.If you getting lending, you will need one main llc, with operating agreement that spells all this out.

Seem most the stuff I read seems well but the issues is price of rent in these areas are low and the supplies to fix a house up still is top market price.