To plagiarize someone else on this forum...find a cleaning lady that does a good job. 

Why would there be bargains, if everything sells for full price in a very short time.Now if your financier insists on buying property, fully aware we are late in the cycle, and wants to gamble on appreciation in a highly cyclical sector then fine.A multifamily with no mortgage imho would be a much better proposition for you both as it will throw off cash and survive a change in conditions easily (without a mortgage)It wont be a bargain, but relatively safe

With the competitive market for rentals, I'd think you're safe to make the gamble with bumping up rates. 

I was just discussing this lady night (the value of my time in this situation and making the tenant responsible for getting payments to me).  

Years ago I lived in a cheap apartment with a crazy downstairs lady.

We have 2, one lady still has to pay a portion of her rent.

At the end of the day, it can still be a little bit of a gamble and unforeseen circumstances can arise.

Looking for some input...I purchased a home on a 9000 square foot lot in unincorporated Miami-Dade for 725k. Property has 50ft of canal frontage. I proceeded to tear the house down and 'got stuck'... never building a ...

I've had one lady who had two vacant places.

I told a lady where to find deals connected her with money she made 262k on her first deal.