Most people want to be in a matching neighborhood and the same social bracket, income level etc.

@Joshua Dorkin @Brandon Turner Thanks Josh for the Welcome - I am huge into Information Technology (over 20+ years) and I have to say I am 100% impressed with your site and your ability to stay on top with welcoming new members like me (especially having young children around - I have 3 of them and it is hard to even type this will all the craziness going around me).As a social experiment,  I am interested to see how long it takes Brandon to notice this post as well :- )  I wish you and your family a successful 2015 year and if you ever need anything here in the far Northwest Chicago suburbs, just let me know.

Wish I hadn't, he turned out to be a tenant who paid rent the first month, was late the second and third, and took off during the fourth month without paying any more rent.Also, had a young teen tenant who started sporting what looked like gang signs on his social media sites and in his bedroom, so we checked them out and they turned out not to been gang stuff, but rather related to a punk band.  

Silicon Valley has emerged as the social networking hub of the world.With SFR - 4plexes I'm interested in my rate of return. 

Plus Social Security (though when I do our retirement calculations I pretend like that’s not gonna happen….because you know….it probably won’t).

My thoughts are to provide the legwork, my website and social media accounts, and the partner would provide the funds for the campaign.I would then be responsible for executing the campaign (direct mail, online advertising, etc.).

An example of a transaction in Buffalo, NY$62,500 purchase price.Rent collects $1600/monthTenants pay all utilitiesI have a lender than can do a 5.99% loan to non-residents, but that is if you can get a Social Security Number.

Pensions, social security, and other old fashion benefits are going away. 

I'd look and buy what I wanted, I may not get a mortgage, I might borrow from my investment portfolio, my banker will lend me the cash against my bond account.I don't need to try out my neighborhood, my social contacts have already informed me about the area.

Additionally, you are the common link between all roomers - each has a lease with you and no {social} contract with one another - and, as a consequence, you will be sucked into more roommate issues;3) You will want to bake the use of a cleaning service into your budgeting numbers ... where the kitchen, bathrooms, laundry, living room, etc are common spaces, it is quite likely no-one will clean them properly;4) Our experience has been that a rooming house works best if you, or someone you explicitly trust and/or who also has skin in the game, resides in the property.