In my opinion (take it with a grain of salt), the Hagerstown market is currently being purchased at a higher rate than is sustainable.

Instead, spread it out over many years, and then you will spread out your risk.Personally I have found that the economics of purchasing C grade single-family rentals and multifamily is not sustainable or feasible.

I don't see nearly enough value in this business plan for it to be a sustainable & profitable business.

On a national scale the bubble numbers of 3% vacancy, 35% opex, and 4% rent growth is not sustainable long term.

Then as your cash grows buy rentals for sustained income. 

The two things required for that are 1) enough distressed inventory to sustain it and 2) price ability that allows for positive cash flow on the properties.

Check out this article I just wrote last week, and focus on #1 and #2- https://www.biggerpockets.com/renewsblog/buying-cr...There's cash flow as a requirement (or returns), but then there's the sustainability of that cash flow.

don't forget, you can have negative returns in real estate.Keep an eye on u.s. treasuries, as the benchmark 10 year is expected to continue to go up,and if the market is still intact after 4%, then you can feel pretty confident that this is sustainable. 

It takes 1 million to buy 20 acres and a home around me and unless your growing CA newest cash crop (marijuana) whatever you grow will not pay for the land so I need to come up with a way to sustain the purpose.

How did you guys sustain a steady income while starting out as an agent?