Hey guysI was approached by a Navigation company about rooftop lease space for an antenna to be used in collecting data for self driving cars, and drones.Its a small unit that receives & transmits data, part of it would be inside my building, and  I would supply the power.all the regular mumbo jumbo in the lease like access with 24 notice, and what not.Kicker is they offered $50 a month, I didn't even  bother to respond, I believe the guy searching for sites is just a hired sales man, he sounded scripted.Anyone in a rooftop lease out there that can share some advice, at $50 a month I wouldn't even consider it.Thanks

Even though I would not buy on the appreciation factor without cash flow ,there are many that do and many investors who made millions doing it . 

I'm not trying to pee in your Cheerios, but there are factors beyond absolute rent numbers that impact the viability of an investment.

Drive the neighborhood.

What specifically will continue to drive appreciation for this townhome?...

But I recently had found the drive and motivation to just dive right on into buy and holding...So hello!

A quick search in Mt Vernon between $75k -$80k... every house looks like it needs a new roof so make sure you factor that in.

Additionally - a realtor I've been working with recently ran numbers on the same place and factors in tax savings from depreciation into his initial analysis.

That may be a 4 plex or 8 plex, but you could use that as a starting point, then do a future 1031 exchange into a larger property.Some people think that you need to go big to make money, but there are many factors in how profitable you become.

The best tip I have:  drive for dollars around each pre foreclosure house, door knock the rough looking houses around these houses.