The key to the whole economic cycle is in leverage...

And don't buy at market rate (i.e. buy at a discount) so that your leverage isn't 100% of market value, but only purchase price, if that makes sense.The main key to leveraging properties is exactly what Pete is saying.

I will keep my reasons for getting into RE in mind as my motivation..I was looking at REIA's and was hesitant about going because i'm not the most social person, but it does sound like an amazing source especially for new ppl in this industry..ty for your advice!

@Nick KatsikisThe source is the Temporary Regs to Section 469 of the Internal Revenue Code.

I use the site Psychology Today as my referring source.

Class B/C value add occupancy held steady while Class A fell off a cliff.3) In Dallas, we have data on avg occupancy dropping to 85% at the worst point in 2009 (REIS data) in some key submarkets where we are buying today, our sensitivity analysis is built to show investors that rent can drop 10% from projections and fall to 75% occupancy and breakeven.

@Dan Marshall the tenants are protected by their lease, so the two issues re selling now would be inconvenience of showings for the tenants, and whether the property will fetch a higher price as a retail sale (as you suggest) or as an investment...I'm with you--if it's more valuable to a homeowner, you might want to wait it out....or, you could cash for keys your tenants and sell sooner.

The big news here is that a class action law suit is going forward against the City of Bedford in the Northern District of Ohio contesting "all homeowners who were forced to endure government searches as a precondition to the sale of their homes are entitled to demand refunds of illegal “Point of Sale” inspection fees".A similar suit has already been adjudicated in the Southern District Courts in favor of prohibiting the practice as a sale requirement.41 communities in Northeast Ohio require some type of POS for title transfer which I'm sure is a source of income the cities don't want to see disappear.

Unless you have other source of income or large savings will be very difficult to invest in Real Estate..Banks will not lend to you and if you Partner up with someone what do you have to offer?

@Bo Kim I did not use a turn key company.