This is what the attorney advised him to do...It's really frustrating to see all of the scams out there.   

Articles like this send my brain into overdrive thinking of all the potential for multi family build to hold, basic prefab homes to fill an affordable housing gap, and other projects a market like this could support.

"We strive to provide safe, clean, affordable, comfortable, and quiet housing for responsible renters."

If you increase the rent, then they may not be able to afford it.

But before you make that decision, you need to have a serious come to jesus about what your goals, needs, and deal breakers are with regard to:Time - how much time can you reasonably afford to spend on the investment once it's made, on an ongoing basis Control - are you willing to sacrifice a bit of your return for someone else to handle tenanting, maintenance, and turnover, or do you want maximum control regardless of your experience levelResolve - if you're inclined to be very hands-on, do you honestly know that you will be able to maintain the level of involvement long-term?

When affordability becomes an issue you will see even fewer buyers. 

Learn how, it will help you from getting taken by contractors, or spending more than you can afford.

You really have to go further out in order to get something more affordable.

I have shIfted my sights more onto a small multfamily that could use some work, but not more than I can afford out of my own pocket.

It's also affordable.