There is still some inventory in Pensacola right now to put in some sweat equity and make some steady returns.

They can be terrific, steady, hands-off investments if you get the right one.

People at all income levels can be effected from economic down turns, and if you are catering to the broadest proportion of the population you will likely see residents move up and down the economic ladder through your property, providing steady demand and relative stability.

Go slow but steady. 

It has been a great steady property with very high profit both in appreciation and cash flow.

Just moved and settled in the US, and getting a steady income.

I have the opportunity to buy three good cash flowing properties in a stable, steady growth area.

I have no children, but a steady girlfriend.

If you are able to charge market rents and have a steady source of potential tenants that are non-Section 8 then why jump through the extra hoops.   

I don't think they can get a mortgage but what I know about so far is that they can:1: Buy a home outright (or land and build) until they pass and I would inherit it.2: continue to rent3: I had though that there would be a way they could get 2 or 3 or more properties in one shot and turn them into cash flow3 (if possible) would be best because they would have steady income to pay for their cost of living and in the end I would end up with a jump start to be able to leave a legacy to my own kids.