Like for me I have a business I enjoy that produces active income I don't see myself stepping out of anytime soon, so I am prioritizing the nicer areas/properties that might not cash flow as much right now but will in the future and provide me with good depreciation to offset active income right now.Just such a personalized thing that doesn't have a one size fits all approach.  

Either a personal residential home or an investment property? 

Quote from @Diran Deukmajian: State laws vary, so you should talk to the Sheriff's Department and see what to expect.In most states, the Sheriff will show up and expect the person to be out.

Hey everyone,My parents have recently told me that their house is too big for them (4 bedrooms) and they would like to downsize to a condo/townhome.  They don't want to sell their home, however, but would rather keep ...

I have a few partners, but went over budget and personally funded the remaining construction costs.  

I understand if this person is renting the whole apartment unit, but how does the ESA works out in shared housing?

My personal opinion is that all markets can work, it depends on what you're trying to accomplish.

Once I got beyond 5 properties I personally stopped budgeting for capex.

Diving into BP for me provided a map to follow - that map takes you all over the place but its a solid map that you keep none the less thru this journey...

If the rent of that 2 bedroom was $1600, that person would expect to pay $800 rent and maybe another $250 for electric, water, heat, internet for a total of $1050 all included.