Rent around $2,000If we put 20% down payment, and assuming expense is 40% of rent and loan is 4.75% for 30-year, thenDown payment = $40,000NOI = $1,200 / monthPrincipal reduction = $2468 for year 1Cash Flow = $4392 for year 1Appreciation = $8000 for year 1ROI is a very healthy 37% for year 1, and will increase in subsequent years.I understand if we buy cheaper houses (let's say $100,000), then the ROI can be higher.  

For someone looking for a relatively passive income stream, who doesn't have strong credit, who doesn't want to leverage and who has plenty of cash to invest, 10% is a pretty healthy return.

A loan commitment from a HML is probably acceptable, along with a POF from you for the down payment, along with a healthy EM.  

Giving ordinary people homes in traditional housing developments that are advanced - green, clean, healthy, livable, walkable, integrated wtih the natural communities of non-humans (plants and animals).

I had expected to deal with a healthy number of no-shows, con artists, lowballers, window shoppers, and general weirdos, that did not appear to be the case.

If they don't like the tenant, they'd most likely give a glowing reference to get rid of them.

i support having C/D class paid for  assuming thats what you run in Milwaukee.. as for letting us old folks kack off cant get behind that one  :)  you know 65 is the new 45. 65 is absolutely the new 45 and you'll be just fine - I suggest a healthy diet!

@Jay HinrichsOnly if they give me more rent when they are healthy!

While most young and healthy people do survive the virus, you don’t want to find yourself in hospital during the peak of the spread.

They will be looking for very nice, safe places to live and raise families with a nice vibe for young, healthy, active professional people.