----------------------------------------------SO............ my personal experiences seems to be far different than those that are really stating that these higher priced MSAs are not good for investing.BUT, as you can see, I have been incredibly successful by investing in these higher MSAs, but in my specific locations in Brooklyn, looking for higher rental appreciation and value appreciation as well as a large supply of great tenants and low crime.When I now go back to the article, which really is a bit misleading from the Headlines, here is the remaining part of the New York area statistics that I left out above:10.

Your interest rate is low.

5% coc return seems really low.

Response rate is low so it’s a numbers game .

Accruing debt by a person who is irresponsible and has a low financial iq is like giving the town drunk a loaded pistol 

Also, there are companies that provide leasing documents for super low cost or Free with a 7 Day Trial.In all my leases I maintain a 90 day Owner Termination Clause, A clause regarding arbitration for disputes, A 30 Day Marketing clause of the property. 

Lakewood has a lot of doubles, but $100k is low for that area unless you get a full gut.

Getting a lot of low balls but traffic is steady.A contractor friend has asked to buy on terms.

How low can you go?

I offer a small discount for newer, low-maintenance homes or for multiple properties (three or more).