Anything above 10% when you add in food and labor starts getting into the danger zone where they shut down or start asking for rent reduction help to stay afloat.

I would agree that purchasing a MF complex that is already fully stabilized with little to no value add opportunities can be dangerous at certain times in the market cycle as you have very little room for downside other than lower rents and eating up your cash flow.

“Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”

a 30 day delay puts you dangerously close to closing after school starts, and the rental market here cools down.

. - no doubt, plenty of people use leverage in stocks, and there are real estate investors who own their properties free and clear.They typical is: unleveraged stock/mutual fund investors comparing returns vs. leveraged real estate investors.Also, leverage in stocks is more expensive, at least more than personal residence loans, not more expensive than hard money or other lending options.Options are fun and dangerous - I've lost a few bucks in the past few years buying LEAP's(very long term options - like 2 years) on BP, I can't believe how long that turnaround is taking!  

This quote whet my appetite in terms of learning more about how someone with a high income but an unhealthy mindset could end up poor, whereas someone with the right mindset (but maybe not a lot of money) could become rich.Share any agreements or disagreements that you might have with the author.I've heard many people say that Rich Dad Poor Dad is a "mindset" book but that the specific advice Kiyosaki gives can be dangerous.

She goes on to say that the accident left her husband disabled and they are in danger of losing it.The space rental is $590.Thoughts?

Throwing those dice this late in the game may prove to be very dangerous.

I am not saying you can't or won't hit that target but making it your base assumption is dangerous. 

It’s up to you how you read things but I would keep in mind that Newburgh was one of the most dangerous cities in the state/country.