Start adding up replacement roof, hvac, water heater, appliances, flooring, siding, windows, water/sewer lines, painting, etc., and $1k a year will never cover everything that eventually need to be replaced.

Water is getting in to the garage quite a bit.

His take is, he got a "hot house".

Just as an example, say the multi-family properties in your area are hot and going for at or above asking price.Now, say 1.5 hours away in a different state, there are multi-family properties with tenants, but it's also in a college town (some of the properties don't look to be student tenants, but long term tenants).

Hi, I am Krystof Bartos, I invest in real estate in hot appreciating markets throughout US.I am always looking for automatic and forced appreciation to have maximum return of investments for my investors and myself.My specialization is real estate markets.

Hot/up and coming areas?

Is there water damage?

I saw what that did to a vibrant, hot economy and market.  

My name is Mike Ventura and I am from Northwest New Jersey - about two minutes away from the Delaware Water Gap.

However, it would likely be the same after year 3 and blow the Midwest CCR out of the water by year 5 and beyond, and we haven't even talk about the ridiculous and speculative appreciation investing in our neck of the woods.