Here's a few reasons why:Travel nurses already go through background checks and drug tests so you know you're getting a reliable tenant.They get paid really well AND get a housing stipend so getting rent paid on time is never a problem.The demand for travel nurses is only increasing with baby boomers retiring, so you'll always have a stream of tenants.For a furnished home (or room) you generally can charge a higher premiumTravel nurses generally work 12 hour shifts and love to sleep as a result... no noise complaints from neighbors.Their contracts are typically 13 weeks. 

We are creating a revenue stream to offset the expenses.

Again, I understand that some folks on here are looking for additional income streams to reduce their dependency on a job, etc... but the point remains that just because something does not cash flow does not mean that it is a bad investment. it just depends on your goals... 

Rental income will be one of 4 legs of our retirement streams.

I would like to do this due to the income stream the second house would produce, but I am afraid that I would be over-leveraging myself.

Steven it sounds like they have 10k into the property and are trying to get their total investment back and then finance the rest out for monthly payments.The sellers this way as investors keep recycling the cash and build up revenue streams with monthly payments.In this case if you do not have the 10k then the seller will probably wait for another buyer.

I will definitely do some research on East New York, broadway junction is such a convenient transportation hub, which is excellent for the renters. 

Send mailers to Hair Salons/Barbers: A social hub!

Also, as a result of being in and around RE other opportunities will come about, like lending, flipping, moving up stream...

Originally posted by @David Faulkner:Originally posted by @Mike Fletcher:Originally posted by @David Faulkner: Interesting... the more you try to be civil... the more you have a loose nut try to start an unnecessary argument.If you are trying to brag about having some legendary imaginary investment skillz with a big Z to me, you barking up the wrong tree chuck... and if you dont have anything relevant or positive to add the discussion, find somewhere else to rant.Most multi family cash flow investors buy properties with cash or use debt from a lender for most transactions... so if you are referring to any other non main stream, private money route or pooling of investor funds as some sort of rocket science then feel free to give yourself a pat on the back... feel better now!