That is hard to compete with, but the California Six flags does rock...

SFRs are tough because unlike multi-family, you are not only competing with other investors, but also with retail buyers.

You're competing with all the yuppies and businesses for their time :-(

I would assume that for most of you that your water, sewer, gas, etc. bills have outpaced inflation the past few years and as other nations compete for natural resources, I think that trend is going to continue.

So, you might be able to save/make $100,000 there IF YOU CAN FIND EXPERIENCED AND COMPETENT MANAGERS.

Brian I have to go back to the book at the library, but from memory, Lindahl frames it such that all you need is a strong business plan, good repositioning opportunity, and especially an extremely competent, experienced and appropriate property management company and this should ameliorate most concerns from potential investors and the banks.

Picking up multi-media competencies was a big moment in my development.

It blew my mind when I was in Boston and was competing with Harvard grads for the same 30k a year jobs.

We simply can't compete.

Ours is nicer, is updated, etc....but we know we can't compete in this marketplace and still walk away with cash for the next house.