So, while some areas need to wait until the rent can be increased to justify the purchase...and eventually cashflow, I'm cash flowing (i.e....ahead with respect to cash...my cash) from the beginning and raisingthe rent is a luxury...which I can still do.

She went to the doctor and he removed a piece of the wire that was lodged in her leg....

We renovated our whole house and put a lot of money into it, our house is considered a luxury rental, so I am a little nervous renting to renters with such a large dog (Mastif).  

They shine up really well when they have original paint due to the high quality of the luxury factory paint job.  

Then it was a nice luxury, but people were not dying for lack of air-conditioning. 

You don't on the other hand have the "luxury" of doing a BRRRR  

@Tom Yungit is in an area has transitioned from an old warehouse/industrial district to a hip neighborhood for young professionals with hundreds of new luxury apartment units, retail shops, restaurants, etc. 

It is not a luxury here but EXPECTED in GA.My wife's family is from Massachusetts and there it is a different story.

A/c is luxury in Illinois as well as hot water...not a necessity.

I have a luxury rental I just renovated and dont allow pets.