The caution, which a few people have mentioned is definitely experience.

By having more tenants there are more eyes to watch for issues that may pop up, more people paying rent, and if you have one of the units vacant for a bit, it will not hurt the bank as bad as it would if you only have two tenants in the building and one of them left.   

What draws people to Las Vegas?

"Renting you're paying 100% of someone else's interest" Now that hits!

There might be a total of 40,000 people in a 50 mile radius around the small towns I invest in.

I know there are a lot of people effected by this, and we need to build an alliance to resolve this matter through legal channels.

Hi Leslie, there is an international section within the forum with posts from people like me who invest outside of the US in Europe and other continents.

It sounds like you've got a good handle on your property situation, but you're right to look for ways to minimize your tax hit from that nice appreciation you've seen.

One home is worth 125k and new build is hitting the 230-250k mark.

There's a reason listing contracts and purchase contracts are so long.The challenge is investors are NOT business people and are too cheap to hire an attorney to review a Property Management Agreement/Contract!