My initial thought is this sounds like a possible good deal worthy of further investigation .low income can be very lucrative if your local, good at managing ,and have the stomach for it 

All you need is a stomach to handle the volatility.

If you are into appreciating and have stomach for some gambling invest in Bay Area.

@Nathan G.Although I just got sick to my stomach seeing those numbers I appreciate the truth.

It made his stomach hurt.Of course brokers need to make money. 

If you can stomach that quarter million purchase for a $200 NOI then go for it!

With that said, there are some areas that you are more likely to deal with neighborhood crime, but if you have the stomach for it, there is money to be made.But in that price range, there are a few towns that you can pick up turnkey properties if that's what you're looking for.

I DO see the benefit of getting all of my equity out, but re-investing all the equity makes my stomach drop.

With interest rates heading lower etc it seems unlikely and the politicians have no stomach for it either. 

I told that buyer to make up the difference in cash, or we would go back to market (couldn’t stomach getting burned again).