I was going to enter Indianapolis, but have pivoted given the market there and think I'll just add to San Antonio as I enter Austin too.Plus, I like having reasons to visit as I get to watch this new Spurs player.

Same thing I was just a broker on a housing project.. those two players got sideways the off short investor sued all of us.. from the janitor  land scaper  every contractor and me as the broker.. it went on for a number of years but end of the day he would never submit to discovery and depo..

(Like 1990s at or newer) In less desirable B/C neighborhoods you can expect about a 4-6% cap and 6-8% roughly in the C-/D neighborhoods.

I would rather put my money in CD's at 1% or clean tables at Mc Donalds and make $400 per week and bank the cash vs. $18 per week and work so hard and take such a huge risk that the unknown will not make your life miserable.Never listen to the advice of others when looking at properties because you get a lot of very bad advice.

For example, I think we can all agree that its true that if you became a professional sports player you'd make a lot of money. 

Be mindful of the fact that unless you are dealing with a seniors or higher quality community your tenant pool will be primarily C-/D class.

Many of the biggest players in the industry are not even on BP.. 

@Keinon SamLike what Cody is saying, but as a visual Also, if you haven't read this blog post yet https://www.biggerpockets.com/blog/2015/12/09/class-a-b-c-d-real-estate/This explains the location grade paradigm very well and should give you some clarity on where to start looking

Don't hate the player, hate the game.If you don't do your college degree, do a trade-- be an electrician/plumber/HVAC/etc-- something that 100% directly relates  to houses and will give you the W2 banks want. 

They borrowed short term at low rates (paying CD rates for 1-3 years) but then made loans for 30 years also at slightly higher rates to arbitrage the money.