Those new and expensive units will be the first ones people leave for something cheaper if they need to save money or for a bigger/better home and neighborhood,  depending on the individuals needs.  

Right now I’m trying to save up all my commissions and research different markets to figure out where i want to invest.

They can afford the monthly payments but don't have the downpayment for the house saved yet- they have a plan to do so in the next year.We offered to allow them to rent at a lesser rate for a year (to help them save for the house) and they be responsible for small repairs and at their lease renewal we touch base and see if they want to buy.

This allows you to save up some capital.

It depends on your knowledge that may save that expense if you need an Attorney to review your contract. 

Hi @Rick Baggenstoss I have done several flips in Atlanta and mainly always use laminate, since my remodels are pretty involved it is hard to save the old hardwood because a lot of the areas I open walls and change the interior layout are then missing hardwood.

The easiest thing to do is save money from some sort of full time job then go buy rentals.

How much money do I need to save up to begin at all?

By that time, I'd have saved more than that amount, so I'd have no trouble making this payment.I'm very interested to hear your thoughts about this structure.

Probably not, considering that 10 years ago it was the worse economic crisis in at least 70 years since the Great Depression.BUT, if those who did not understand that it was a FANTASTIC time to invest once the crisis was over, even if the same thing occurs, their risk intolerance will probably steer them to the investments that won't appreciate the most, and that is unfortunate.This is really about education in the long run.People have to add to their inventory of skill sets for an investor the ability to calculate and understand appreciation and other future values.It's the only way to get used to the psychology that things change in the future and where you buy can either capture that change if it's good, or avoid it if it is not.I just can't believe people make a decision on an Investment based on one single calculation for today, usually the Cash on Cash Return, and then completely ignore all future economics.That's like the squirrel that doesn't bother saving his nuts for the winter because he has a lot around in the fall when they dropped off the trees.Good thing squirrels can think about the future value of saving his nuts!