Originally posted by @Ian Walsh:I would have started with the strategy that fits my personality and built my business around my life and my life around my business.exactly  real estate Niche's most of them are a lifestyle  they are not a job.. the sooner you figure that out the better off you will be.IE home at 5 for dinner  ???   

@Peter Fuentes Post-covid times can be a big factor with the market specially when the eviction ban lifts.

I agree that if a property is well taken care of, then the build year isn't such a factor.

With a HELOC you could still tap into the equity, but not have to worry about moving, and go to a Midwest city and buy rentals around the $100-200k range per each and just put 20-25% down on them.But overall as everyone said above, it’s important to define your lifestyle goals and then fine how real estate can get you there.

He's not naive to think there wasn't more wayyyyy more at play, but rather that this was a contributing factor that added fuel to the dumpster fire.The US Population growth % has been declining since the 1990s so it's not totally new, but we've been able to shave off less births with immigration.

There is a calculation for vacancy rates as well, which needs to be factored in.

The other huge factor is your CoC return on that money, so dependent on how much you're putting down. 

Turnkey made sense post 2008 when even factoring in profit for the turnkey company there was enough meat on the bone left for an investor.

Point is that DA's (in my own real world experiences) are typically lower than full appraisals and clearly cannot account for factors other than hard data (bed/bath/square footage/lot size).

And the 868 cash flow is with everything included I made sure to factor everything in with cap and insurance and property taxes as well.