There are so many reasons, but here are some of the highlights:  (1) they are valued on the sales comp. approach; (2) they are hard to finance because they are valued on the sales comp. approach (comps are hard to find); (3) it's much harder to find deals on them (more sophisticated owners with inflated senses of value); (4) they tend to be clumped together as opposed to interspersed in SFRs, the result is that other landlords actions have a much more significant impact on the operation of your property; (5) you don't achieve any economies of scale (they're too small); (6) they are more management intensive (anytime people share walls, there's always going to be drama); (7) they tend to be illiquid (see point 2); (8) they have more turnover than SFRs; (9) unless you're getting good deal on one, they don't cash flow that well; (10) a lot of them have owner paid water.  

Kansas City has several things going for it right now that make it a great place to invest:1 Lower than the national average for unemployment.2 Lower than the national average for cost of living.3 We are the first city to receive Google Fiber which has sparked growth in the tech industry and increased property values.4 Missouri is a non-judicial state which means any foreclosures or tax lien sales are final; no chance of the previous home owner taking back your purchase. 5 Unlike most cities, Kansas City is not tied to one industry for its primary source of jobs which means economic downturns (such as the past 8 years) doesn't effect us as much as other areas of the country.

I am using Colonial National Mortgage.

I use National Tenant Network, but have a lot of respect for anything Mr.

Now I'm not a prophet or anything but if you take a wholistic world view and how this bank situation is effecting the world's economy, we'll be looking to China, Iran, North Korea and other not so friendly nations to bail us out!

They seem to share some common principals which this book highlights

Economic growth or decline at a local level cares little about international currency trading levels.More important, I think, is that somewhere down the road we need to see a return to the correlation, at least on a national level, of inflation to real estate apreciation that went out of whack early in the last decade.IMO, real estate values will remain location, location, location.

These are members of an afiliate of the National Association of Realtors who work on a fee (non commission) basis, to help you evaluate commercial properties.Either way you can expect to spend alot of time and some money educating yourself in commercial investing.

Maybe as Introduced, Not as Passed"The National Association of Realtors said that the energy bill, as introduced, may have caused some problems for sellers of existing homes.Section 204 of the bill authorizes the Department of Energy to create a building energy labeling program to "enable and encourage knowledge about building energy performance by owners and occupants and to inform efforts to reduce energy consumption nationwide."

If you put as much energy in passing a simple state/national exam, as you do justifying what some note guru told you, you could make some real money, legally!