It seems true, but it might be inverse, that rents can only go so low no matter how cheap the property.

While it is true the properties definitely are not in the best condition (not unlivable but not brand new) and our timeline/budget isn’t conducive right now to a full rehab, what I find the most concerning is the agent is basically telling us this area is a bad place for investors.

Solds and under agreements are true indications of the market, not for sale at the moment. 

If the property rents for $500 per month, and assuming you had no other expenses (not true, but for illustration purposes), you are going to show an annual income for that property of $2,560 instead of $6,000.

Unless a home is junky (ie, a true fixer upper), I will not use a standard lockbox, only electronic.

@Matthew Charron true but you just need to know the law for now

@Tom KellerI can speak to what I know which is Multifamily.The beauty of Multifamily syndication, which is a turnkey model for the Equity partner/s, is the team aspect of it.A syndication team allows you (Active or Passive) to work in your field and continue to make $ while the team of operators run the asset/business.  

House hacking is a real and beautiful thing!

I have no clue if this is true or not.

My name is Brandon, I'm 33 years old, married with a beautiful 2 year old daughter.