I have been looking for a place around the provo, ut area and cant find a multifamily that falls into the 50% rule.

It drives me nuts (pun intended) He is 26 years old and has most of his cash in things that are falling apart.  

I guess the down fall of this set up is... if a person wants to sit in the bath for a long time, the shower is occupied, if someone else wants to use it.  

'"you show me a bad tenant - i'll show you a bad landlord"the fruit -  don't fall far from the treeI wish you the best!!!

We got to see the unit when we were in the inspection phase.Last fall we dragged our feet on making an offer on a flip, got beat to the punch by another investor and we're still kicking ourselves.  

I know people that have seen cash flow evaporate when government (taxes) and service (insurance) costs increase rapidly while the tenant pool deteriorates (falling rents).

The trick - when you fall, fall forward! 

Florida housing prices, which hit a peak in December 2006, are slowly and gradually recovering after the Great Recession nosedive — the state’s fall was among the harshest in the nation — but lately, the trend is positive, stoking renewed interest in real estate.According to the S & P / Case-Shiller index, considered one of the most reliable indicators of market trends of local real estate, real estate prices in the Miami area have been in uninterrupted march upward from November 2011.

A few members here are from DFW, so to use it as an example the Uptown and Knox-Henderson is bursting at the seams with activity and can probably fit no more cranes as a result the development or re-development (typically a phase that typically precedes new development in urban areas) is getting pushed north all the way and even past the Loop (Loop 12) where the apartments that used to go $15-25k a door just three years ago are now approaching $50-60's as-is and $100s once updated.This movement has displaced a lot of local DFW investors who are starting to look at Wichita Falls or parts of Oklahoma, which is actually undergoing a contraction and Louisiana, where the 7 or 8% cap rates are still feasible and cost per door is much closer to the historic levels that Dallas enjoyed for years, however, by going for the cash flow they have to forgo potentially explosive growth (which can go both ways). 

Fully booked during 3 peak seasons:  the Cherry blosom season (from mid March to May),  July and August for Gion Matsuri festival, November and December for the fall foliage.