Hey Daniel, Great to see you're doing well in your luxury watch business!

thanks James, in analyzing regional data, Louisville continues to show a strong local economy, with a decent trend in the growing rental market, lower median home prices and values, good reasons to make it appealing to us since we are looking to expand our portfolios, providing more affordability to enter into this market ... besides, good friends live in this city ... our visit will make it a business expense :)

I dont think these things are hard and fast.. to me look at whats left after the rent is paid is it enough to really live on.So if rent is 5k a month for instance that means tenant needs 15k a month in income pretty standard .. well that tenant now has 10k a month to live on.. most people can make due on that.so if this tenant came to me and only made 10k a month  2X the rent I know they have another 5k a month to live on so sure that works.where this is important is in lower income low rent areas were rent is say 800 a month and 3X is 2400 minus rent leaves 1600 a month for EVERY thing else can you live on 1600 a month ???

Above $150k is also tough because there are only so many areas that will command price points $200k+ and only so much demand from end buyers.That said, I know people that do it and do well with it.

I see a fair amount of positive feedback on the site, but most of it seems to be several years old, do people still find this to be a good place to look?

Generally, people doing a live-in flip will try to do the majority of the work themselves and only contract out things they can't do.

Now I see lot of people ( many on youtube) are suggesting that housing market is progressing towards a recession/ correction/crash and prices are going to fall soon.

If more people are leaving then coming in, prices should go down?

Aloha @Christopher Jordan  - congrats on selling your business.  

My objective is to get enough passive income to eventually focus on investing and building myself as a business as my job/career instead of working for other people or companies.