It takes a good bit of tenacity for surenarrow what market you want to invest in, start building relationships with people on the ground (realtor, lender, property manager, contractors), learn the market extremely thoroughly, then start bidding.

If some are very low you may experience a move out but this is simply part of doing business.

After some time due to some reason the rents in the neighborhood goes low, vacancy rates are hitting high and also the property price has gone below the purchase price.

Your PM figure is low unless you have someone in the 5-6% range like you are showing. not a ton of cashflow, but not bad if you are gona live there.   

Fortunately home prices are also low enough to the point that things can cash flow. 

That being said, I was considering building a low cost franchise opportunity to people who struggle, like single mom's and the elderly who live on fixed incomes, allowing them to rent an apartment from me and the could rent the rooms out themselves.With the right team I see a win win, but I wanted some feedback.

Think of the two as high risk and low risk stocks.

I received rates as low as 4.2 and I went with the 4.8.

I bought it extremely cheap for cash but it’s a 3 bed 1 bath shell and needs a complete rehab.

I was worried too because Gillum was buying low-info votes with taxpayer money with a fury.