If one person is looking to play it safe in the suburbs where risks are low but more modest profits are likely, and the other person is looking at speculative markets where profits would be higher but come with more risk, you will run into trouble.

I wouldn't want to get stuck after 4 years with the same tenant and modest increases without the option to raise to market rent for a new tenant, especially after incurring make-ready costs and vacancy associated with finding a great tenant.

Sounds like the BRRR method is more risky and time consuming than what I want in my lifestyle so as everyone suggested, better quality area that cash flow.That seems to simplify the process quite a bit as I don't need to worry about forcing appreciation and cashflow post re-financing.

They can give 30 days' notice if a sale similar to the earlier described is in the works.Tenants can still be evicted for cause; if, for example, they fail to pay rent or deliberately damage the unit.Rent increases limitedLandlords can only raise rents once a year for tenants, and when they do, rent increases are capped at 7 percent plus the yearly change in the consumer price index.The 7-percent plus CPI cap gives property managers wide latitude in raising rents each year, according to a Statesman Journal analysis.For instance, only once in the past decade have average rents for a 2-bedroom, 1-bath apartment built before 1990 in the Salem-Keizer area surpassed the cap adopted under SB 608, housing data shows.Properties built in the past 15 years are exempt from the 7 percent plus CPI limit, as are properties where landlords give reduced rents because of government subsidies or programs.The rules say landlords also have to adhere to the 7 percent plus CPI cap if they evict a resident without cause with 30 days' notice or serve an eviction notice within the first year of occupancy.Basically, landlords aren't allowed to evict tenants without cause and 30 days' notice just so they can raise rents past the limit.Landlords with four or fewer units still have to abide by the rent caps, according to Danny Moran, a spokesman for House Speaker Tina Kotek, D-Portland.The bill isn't just geared toward apartments; single-family rental homes are also affected."

I have been consuming a lot of learning materials, unfortunately most of what is available for free is targeted for the US market. 

But, short sales can be time consuming and have a high amount of uncertainty.

That lead to consumer electronics, and then cars.

We understand but it's basic economics & that has absolutely no regard for a persons financial situation.Having picked up a modest home for $28k, the home required code enforced repairs to the siding, facia, front porch & a new roof.

Sometimes breaking even or a modest gain is all that is feasible.What kinds of things did the inspector miss that you think he/she should have found?

Hey all,As a first time homebuyer, I am looking to purchase an investment property/multi family in Suffolk County, New York. Has anyone used LoanDepot as a lender?Thanks!