The active BP members in these cyclical markets (1) buy well (2) add value (3) use long term debt (4) maintain reasonable LTVs (5) buy in good locations with high demand (6) hold very long term and (7) have reserves. 

May be a better play for developers/syndicators who can offer some tax protection to individuals looking for long-term investments. 

It is hard to give you specifics without the actual numbers you are referencing, but in general for a long-term play you want to quantify the intrinsic value of the asset. 

All the criminal activity in that neighborhood in the past 6 months consisted of larceny/burglary, with most of it not being on Ursula Avenue.  

Since you’re active- Doug Norseman has great financial and retirement info for you.

One big question - are you looking to be active or passive?

@Jason Ma I'm not sure this answers your question but I would recommend looking at the growth of the university.I invest almost exclusively in student rentals in Columbia, SC and the University of South Carolina is the primary driver of activity in the downtown market.

I don't want to repeat everything in my profile but I'm looking at several markets in Texas, Maine, New Hampshire, and Kentucky.Currently I'm active duty Military working in a medical administrative field.

I think returns can, for the most part be universal....However, expected returns will differ even between states so I'd guess that's probably where most of the differences will come in to play....Also, the laws of the country you're investing in.Many books are more focused towards mindset. 

However, he no longer has an active Class A license and he is related to me – which is causing problems with financing.