The cons: those areas aren’t in as high demand and the tenants will probably be more of a chore.

What’s the best play to run?”

This clearly highlights risks in class A and accurately talks about pricing and salaries that need to catch up on new construction, not supply / demand for MF in general. 

Eventually, I would like to purchase a property that would be in demand (as a rental) for the ski season, and be available to me in the summers. 

I have several family members and some long time customers who have assets in the 7 to 8 figure range who may come into play down the road for private money.

Perhaps the landlord sent a demand letter for $7000 regarding past debt that had been billed and never paid.

What it said in that book really made sense to me but at the time I thought there was no way I could do anything about it to start changing my financial life while I was in college so I put it aside amid 22+ credit semesters of college and working part-time jobs, while also always being rehearsal for a play or musical as a theater major.

I'm writing this in Starbucks and they're already playing Christmas music.

Using the above example, let's say you decide to play it safe and just set your budget at $40k instead of $25K.

You're out whatever money you've wired him and whatever fees your bank charges you.If you want to play along (google scam baiters or look at 419eaters.com), have him send the check.