We've had a rental before and not had this issue, but here's food for thought:  Buy and hold is a sure fire investment as long as people can pay, but what if the economy crashes again (perhaps an argument of when, not if) and many of one's tenants cannot pay all at the same time?

Now that we have a good PM that we can work with, I dread the day that he retires as he seems to be the exception rather than the rule.Interesting conversation and food for thought as always and best of luck to everybody - Amy Webber

Perhaps that raise in rent puts this fixed income tenant  right into a public assistance food stamp or section 8 guidelines or Pubic Assistance or Medicaid .    

Some food for thought there.  

Food for thoughts.

It's just like inflation- Let's exclude food and energy from the calculation, two of the most important figures that affect all americans.  

Bottled water, canned food, and bullets may end up being the most valuable commodities.If there is inflation, you will be thankful that you have a 30 year fixed mortgage.

I mean are the bulk of the Wholesalers making at least minimum wage for their efforts (like a fast food job would pay; 2,000 hours a year x min wage), or is it less; or is it way more?

My religion has always counseled its members to have a minimum of six months reserve in food, water, and cash.

Not to mention I just didn't feel comfortable doing it.As of right now I make around $2,000 a month after I cover all my overhead for the business, and that $2,000 has towards my monthly bills (Rent, Gas, Electric, Water, Food, etc..)