in charlotte, a lot of owner occupant buyers want condos, but they can't get financing because a certain percentage of the condos in the complex are rentals...certain lenders, and I think FHA is included in this if i'm not mistaken, won't lend on the condo if it's mostly investors...just decreases your potential buyers and another reason to stay away from condos....i also don't like when someone has control over your investment, such as an HOA...sure, the dues may be cheap this month, and this year, but who knows when and by how much they'll increase those dues???

By placing all your eggs in one basket, you'll not only increase competition, but decrease exposure.

no,a business plan doesn't mean much to me sorry...i would want 5-10%..if you're looking for a low or no money down situation, your best bet is to target a motivated seller where you can decrease expenses, improve operations, and increase rents...good luck.

As you age the amount of risk you should tolerate should decrease.

My fear has decreased thankfully.

I calculate that I can break even with a 25% drop in rents, and that would be an unprecedented decrease in San Diego.

Much of the decrease in profit has come from increased time on the market and increased holding costs.

even if the market suggests the LL pays, I'd rather decrease the rent and have the tenant pay for utilities

My rentals problems decreased dramatically when I started to insist on minimum 2 year leases.

I can increase or decrease the amount of money we keep based on the amount of maintenance / mgmt.