There is a mother in law suite we built which she resides in and we live in the primary home now.

One guy on LinkedIn actually pasted a new head on a picture and created a LI account, and Google picked it up based on the tie, name tag, watch, suit, etc.

The problem is every lead I come across is either a) very cheap but extremely run down and maybe in a not very good part of town that would be hard to market and take a large amount of capital to fix up or b) nice and has tenants already in it (turn key type which is ideal scenario) but the owner is asking way too much for it to cash flow.I'm not frustrated to the point where I am going to stop.

Things to consider:-I need to be in a city, walking distance to a business district of some kind-I'd like to follow a path of progress within a city, and don't mind being close to (but not within) sketchier areas-a market where the average 3 bed 2 bath sells for under *ideally* 250k, but up to 350k (I'll be looking for a property that needs work, but this sort of market)-must be SF no association-I'm 31, single/no kids.

She put you on notice about the steps and would have a basis for a suit if you didn’t it fix and she fell.

Whether the second home is a conventional, vacation, or investment loan, is still to be determined; ideally I’d want to invest as little as possible in the down payment.

Some of the small towns in the area do have a shortage of housing, so you may have an easy time renting it (Digikey keeps growing, commuting to GF continues to be cheap), but this seems like a less-than ideal situation if you were to purchase it.

Pros: Lower cost and barrier to begin investingIf you also own the land you can rent the land & sell the mobile home.You have flexibility to resell with seller financing vs. renting for potentially higher yieldCons:Can't rent mobiles in parksThey depreciate quickly & don't appreciateThey will usually attract a less than ideal renter pool

I plan to live in this unit for at least the next 4-5 years and ideally would like to hold on to it as a rental property when I eventually move out. 

Industries that are well suited to remote working, finance and technology are examples, should be less impacted.In response to stock market volatility we see a flight to safe assets and that is why the entire US Treasury yield curve is below 1%, something that has never happened before.Some of the impacts to the real estate business model will be:-higher unemployment amongst tenants in impacted industries-lower financing costs-likely greater challenges with equity financing as investors ‘freeze’ in the face of uncertainty or are reluctant to liquidate stock holdings that have fallen dramatically in order to fund real estate investments-cap rates - downward pressure from lower interest rates (cap rates tend to be a spread over treasuries), upward pressure as debt and equity financing become less available (less buyers in the market)I think the greater concern is the oil price war given it is a fight that the US does not have direct influence over.We are at the end of an approx 12y bull market so some kind of correction is healthy long term, even if it is painful short termHere are some additional insights into how you might want to position yourself at this time:Focus on the right asset – I like the multifamily asset class because multifamily real estate is popular during times of uncertainty because during these times, people prefer renting and because it is valued intrinsically it is less prone to large swings in sentiment which can impact the value of single-family homes.Diversify your Portfolio – real estate has low correlation to stocks and bonds and this makes it a hedge against the stock market.