Regardless of where you are at in your investing life there is more to learn.BiggerPockets has helped me see broader issues in RE across the country as well as  different investment approaches.Another thing is reading the stories of success and failure. 

Hats off to you, Mike, for a life well lived.  

It will ultimately be based on the supply and demand of the area but you have to keep an eye on the total renter pool as well.

Quote from @Mike Wells: I have 6 rental properties, all Single Family Homes.

@V.G Jason Your point is well taken.

This story probably explains something that happened when I suddenly got a credit limit reduction on my Wells Fargo card .

Rock solid rental while the money is in the stocks doing double duty as the principle investment as well as your down payment equivalent.

Remember, the seller is counting on this to close as well. 

I've been thinking about this as well.

All of my current rentals cost about the same to purchase ($215-265K), but cash flow is so different and current house prices are as well ($325-600K)...and the one I spent the most for and cash flows the most, is now the one worth the least (still worth more than I paid for it 3 years ago).