@Mary Mitchell I read a statistic saying the average appreciation of homes is around 3-4% If you take into account the hot markets going up almost double digits, that leaves some markets near flat.

I have been in deals where cash flow was skinny, but to get into a deal where you know you're going to be upside-down even after repairs just flat doesn't make sense. 

But within that B/B+ prop class, generally, yes, we look for things near job centers, near easy transportation/highways, in areas that are easily walkable (pretty flat, restaurants shops etc in walking distance), good schools.

Section 8 - does not allow this kind of behavior from tenants, if you document each of these things by having the service providers you send to do fixes at the property take pictures... not only would you (usually) be able to get the tenant out, but you could get them kicked off section 8 altogether.

Purchase price: $300,100 Cash invested: $15,000 Rent upstairs flat as an Airbnb, live on the main floor.

There was a sump pump as well as I water pump That sat flat on the floor and his pipe to the outside.

Thanks for all the feedback, the general consensus is a $250-350 flat pet fee and optional pet rent.

Not only are these properties tough to manage but rent growth is generally flat and your exit strategies are limited.

At one point I had crews from Abilene Tx. to Palm Beach Fl at the same time.

People are either throwing up flowcharts that subjectively attempt to advise people about LLCs, while others are adamantly insisting that “due on transfer clauses” kick in when transferred using Warranty or Quitclaim Deeds, or people are unequivocally stating LLCs are a joke altogether.