I speak spanish and I've spent a lot of time in Latin America (have traveled to CR specifically several times) so when I started to look at other markets for my baby steps buying in CR or the Southern United States was going to create the same level of headache in terms of accessibility for me. 

mode=ADDRESS1978 Pualei Circle prices $30,000 $40,000 1980 price range $70-120,0001986 Largest single family development in 94545 Palma Ceia Prices mid 80's 1988 prices $170,0001994 Vegas, baby SFH 1500sf priced about $100,000. 1996 $200,000+2003 Diamond Head Sands 3721 3731 3741 Kanaina Ave. one bedrooms $200,000. 2005 one bedrooms $400,000.Four decades of price points that you can verify for yourself.Mahalo

Sure, we have some $2000+ up rentals, but those are high-end Class A and do not apply to this discussion as far as a general rule.If a tenant makes less than $1,500 / month and pay $500 or more for rent, they only have $999 or less to live on: groceries, utilities, gasoline, car repair, credit cards, medical care, "fun" (they always have money for fun, it seems), Christmas gifts, birthday gifts, clothing, unlimited cell phone data plan, 300 channels of Cable TV and all the rent-a-center payments. 

Yeah, baby!

I followed Dave's debt snowball plan and baby steps to get out of consumer debt ($87k), but don't pay all cash for rentals.Dave was burned by callable real estate mortgage notes back in the 80's.  

Fortunately found it the next day and all the clothing she left on the floor absorbed it.

Sorry for all the questions, but I have been thinking a lot about this idea for an age-restricted baby boomer community or a younger demographic alternative to cramped apartments.

Some of my friends with other companies love to amass large numbers of agents to baby sit rather than sell.

One of the ways the building department inspectors would catch, cite and close down these illegal apartments was, as they were walking down a block of say, 2-family houses, if they saw 3 or 4 mailboxes or doorbells, they would take note and do an inspection.If the third apartment had a stove/bath/bed/clothing... busted. 

If you add up all the beer, food, specialty clothing and tools that gets left behind; it more than offsets the cost of things that went missing.