This is what happens.When times get bad people tend to bunch up, (two or three families in a unit sometimes) relatives and friends.Some live outdoors and either survive or perish or end up in jail (trespass, theft, drugs, on the taxpayers dime).Some live in their vehicles until the police seize them for unpaid registration or unpaid insurance and they they are outside (as above).Some go to homeless shelters, some go on section-8 (which can take years in some cases with waiting lists going to preferential groups first).And some move to areas with more employment opportunities and start working there.Just my 2 cents.

Someone convince me that this is a better investment vehicle than Vanguard and where to start.I am located in the Abilene, TX area.

There are negatives and positives in any investment so yes in an appreciation standpoint you get less bang for your buck, but as you stated cash flow wise it amounts to more, be personally I believe in doing the mechanical leg work in the beginning so that there are fewer maintenance issues and the last part is choosing a good tenant that will take care of the place.Also, I am saying starting out and having these properties in the portfolio along with other vehicles of real estate.

In my opinion it’s a much more investor friendly 1031 vehicle.

I'm extremely organized and precise with tracking income & expenses on an excel spreadsheet.

I'm a sophomore and my mother is paying for me to attend, my vehicle, my gas, my food, and I live in her basement.

For example, if you are partnering with someone an LLC might be a very necessary vehicle to manager your business relationship.Fannie/Freddie conforming loans are great because they can be longer term fixed rate loans.

@Jonathan WattAnother tip is don’t rent to folks who Do not own a vehicle to get around in .

I already have a primary vehicle.

When paired with efficient infrastructure I believe this has the capability to solve traffic issues with a decreased dependency on vehicles to get around.