But I'm betting that I will be able to find so many more good deals then and I always try to be a contrarian and do what others aren't.Point is, learn all you can about both and you will be a truly well rounded investor who is positioned to take maximum advantage of either market at any given time for the best potential profits.

YOU BET!

If you really want to stay, your best bet would be to find out why they want you out.

Google correlation versus causation.Bottom line, if you have gross rents of $x, the expenses tend to run $.5x.

YOU BET THERE ARE!

Due to the high costs of HMLs, cash or a WLOC (that's already in place) are your best bet.

Untill then keep chasing your dreams and remember that I bet every investor on this forum that has done any significant number of investments have had good ones and some that weren't so good, the key is to learn from both, and the only time you truely fail is when you stop trying :mrgreen:

Or like a good friend once said, "Young man, try not to bet so much on the come!".

You've already seen what a 25% vacancy on one unit does to your cash flow, and assuming the houses are similar house/similar market you can almost bet you're looking at rent roll backs in future.Assuming youf FMVs are correct I'd be out of these things so fast it'd make your head swim.

I never bought a multi unit apartment complex but if I was you could sure bet I will be doing more investigating on NOI than just a cap rate or 50% or gross rents.