If you underprice your rentals or the market tanks, you'll be bust, just as this guy will if he doesn't charge enough.

Mostly, it's about small talk while the buyer nervously signs 10,000 documents that have nothing to do with you, and the agents sitting around fidgeting nervously waiting for their next tank of gas in the form of a check.

They are not inexpensive to run.Especially when you don't have a multitude of vendors/gurus/sharks paying for access to their lunch--us.

Ever hear of loan sharks?

My take is that if the stock market tanks it could rally RE especially in key top tier markets.

to clarify, copper pipe heating, one furnace,  wth 3 zones/thermostats/loops/pumps - none of them 'slave' zones - that's what i'd do in philly.if i had $ for 3 separate furnaces, and the triplex is ACTUALLY a 3-family house per local philly department of buildings, then and only then would indeed separate out the house into 3 gas meters and 3 gas furnaces, which is pretty much just missing separate water meters and separate hot water tanks and its practically a 3 unit condo complex!

What happens when the market tanks and there is no appreciation for quite awhile?

I pretty much break even w/ the house now........ after many up's and downs over the past ten years. one of my biggest setbacks is that i pay for the oil (underground tank) heat.  

Syndicators love to syndicate those deals just like multifamily because they take huge sponsor fees going in so if the deal tanks and doesn't perform like they said they still made bank.I like buying dark STNL deals because with one lease the value is fully realized right away and in a short time span of under 1 year whereas these big projects have long lead time projections of 7 to 10 years to double the money invested.

What are pros and cons of house on septic tank rather than city sewer.