Other counties here in NoVA are in the 0.9-1% range.It's possible with rent growth you may be breakeven or positive in 10 years, but I doubt sooner than that.

You are asked to assist our pest control by maintaining a high standard of good housekeeping.

Recession resistant asset class (people downsize, move in together, move back home, etc. during recessions)Cash flowing asset (not dependent on market appreciation)People buy a lot of crap and toys during good economic times (and need a place to put it)75% of the facilities in the country are owned by non-institutional owners (opportunity for adding value)Small ($10-30) rental increases create large increases in NOI and property valuationSticky tenant baseUnits are easy to maintain (brick and metal, no amenities, little landscaping)Location, population growth, and barriers to entry matter. 

@Charles Curley, you can partner up with people where you all put capital in and have an equity position on the deal.

If you're ever looking for assistance, I have owned and operated multiple sober living programs for about 6 years now and also have been in the investor/landlord position across the US.

As long as it's utilized correctly, under leveraged, and viable from a financially defensive position, you can create tremendous growth - faster than you otherwise would have. 

Aren't 2nd or 3rd position liens accounted for in the upset price?

And properties can still be found at reasonable prices with positive cash flow. 

If IRS doesn't get proper notice the lien is undisturbed and remains a lien on the property.The other thing to keep in mind is that even if the IRS is given proper notice they maintain a 120-day right of redemption.

See if you’re college town is a good fit for a house hack & partner with family or another investor & get roommates to male you’re college experience cash flow positive as I did at OU!