Would something like this be a better bet then just residential landlording?

Once rates jump, you bet there will be a ton of defaults.

There may be local tax incentives for renovating your property as well as advantageous approaches to declaring your expenses.In SummaryIncome produced meets financial goals Suitable propertyAppealing locationVacancy ratesNeighborhood rental ratesNow you need to know the cash flowFirst, calculate taxable income or loss from the property.

That's not the time to retreat to your office and get out the TI BAAII (BTW, a basic 4 function calculator is sufficient).

Heck, I'd bet 90% of the US population is within 3 missed paydays of losing their house and car, everyone is living paycheck to paycheck.

U bet, 8) I've spent the last 5 years cultivating a portfolio of private lenders for virtually any scenario(loan) You could possibly need, including but not limited to 80% ARV(after repaired value), NOT Purchase Price, Purchases at 80% of APPRAISED Value(not purchase price), 80% of Appraised Value Cash Out Re-Finances, & most closings occur w/i 48 hours.

I bet folks pee away $50k a YEAR in lost business by being FLAKES & not returning their messages in a timely fashion in this business!

My calculation of ARV was factored off the tax appraisal and general price per square foot comps for the area.

The rent more than pays the mortgages but after calculating the down and repairs it will be negative for a while.

Since the year on the original post was 2005, I'm betting this tenant has already been evicted, or this landlord is no longer landlording...