Nashville-Davidson-Murfreesboro-Franklin, TN Birmingham and Cincinnati had the lowest median investment sales price at $70,000.Why Invest in Birmingham, ALAs the largest city in Alabama, Birmingham is also one of the biggest commercial banking centers in the country as well and home to numerous colleges such as University of Alabama, Samford University, Cumberland Law School, and Miles College. 

The only downside for the buyer is that not many places will do construction or other loans if there is a superior lien on the land, but usually they can find a mobile home to put on there.

I think that our biggest problem has been speed.

However, my biggest issue is what area to buy and flip.

My philosophy is to invest in both the upside and downside.

What's the biggest difference between a 4-unit HOA property vs one that's non-HOA?

The biggest moment for me was when an investor wanted my market expertise.

Is the down side risk really worth a few hundred dollars of cash flow? 

You already pointed out most of the benefits, low interest rate, ease of pulling funds, POF available for all cash offers, interest only payments, no fees.The only downside in my opinion is if you take an investment loss, you need to still make the payments on that loss, thereby compounding the loss.

This would allow me to:charge more for rent thanks to the added amenityreally differentiate the apartments from others in the area, since no other apartments around have this featurecompete more effectively against SFH rentals in the area (this suburb has a lot of them) since most SFH have in-home laundryObviously the downsides are potential for abuse of the machines (requiring added maintenance calls and potentially replacement costs), lost income from pay-machines in the basement, lost closet space and initial investment to install plumbing/venting and purchase appliances.Interested to hear arguments for either side of this.