Personally, I think MF is extremely vulnerable and dangerous in the current environment..

The danger is that eventually they'll be sued, and they'll either freak out and spend all their money to pay it, or their wages will be garnished and the end result will be the same that they don't have enough for rent.

Wouldn't that effectively be the same thing, but without the danger of them running off with your money?

That sounds dangerously close to illegal to me.

The deals here can certainly be fewer and farther between than some of the more fickle/lower priced markets but, if you know what you are looking for, the returns here can not be beat.Either way, best of luck!

This is a very dangerous investment in my opinion.  

Fewer and fewer title companies will do double closings.

If your rental is not in Philadelphia, you probably have fewer disclosures - but inside the City of Philadelphia you will have to provide way more disclosures than just outside in the suburbs.The municipality does affect the answer to your question is what I'm getting at.

About me and my situation:Married, father of a 2 year old and 4 year old, both me and my wife have full time jobs, so I've got limited time to bird dog deals.MBA, and work in commercial building energy efficiency, so I know enough to dangerous, but not enough to be effective (yet, hopefully) when it comes to real estate investing.I live in Minneapolis, so I'd likely need to invest in other towns to get cash flowing deals.At this point I'm looking for investments, not another full time job like flipping.Have been maxing out my 401k and IRAs since graduating from college, so this is additional savings to diversify, and maybe allow an early retirement.Any thoughts and suggestions would be appreciated.Thanks,Chris

The numbers are typically much better and fewer people competing for them.The other option is to get into the c-d neighborhoods.