Historically our hotels have done well even in recessions.

hey BP - i know that when you purchase a multi-family investment property the tenants and leases come with them. historically...if the tenant owes back rent (lets say they are 3 months behind with the previous owner) can I collect that back rent and/or evict them for non-payment as soon as you take over?

This will be BRRRR property I plan on making it a STR as it's located in a small historic town, Warm Springs GA, and is in walking distance to all of the shops.I love this deal because I have multiple exit strategies. 

Hurricane Harvey was an outlier that prooves all meteorologist and historical data wrong and it hits places with 500-1000 floodplains. 

The returns are better in Texas than in Tennessee historically. 

To mention just a few: historically recession-resistant, simple business model (buy it by the gallon & rent it by the shot), similar to multi-family but with a much lower expense ratio, and is typically always in demand (unless you come across a market that is overbuilt and therefore over-supplied).Please let me know if I can be of any help.Good luck!

Jacksonville's historical home price appreciation rate on average is 4.3% per year.  

Closter is a historically expensive area, and I don't think that too many people are looking to pay upwards of $1M for a home there with so much uncertainty.

I don't know where you are located but with rates this low and inventory down to historic levels, the MLS listings you speak of are either overpriced or have a defect or feature that is turning people off or some other issue such as tenants not allowing showings.

I'm always looking for unique, historic but updated homes in the central valley.