Account ClosedI was referring to a real estate limited partnership in which shares are sold by a wall street brokerage company like all the names you know and love.Some had problems with over leverage, and when tenancy or values declined (does that sound familiar) then the RELP ended up upside down and lost all equity. 

and what do you consider a good ROII am and Michigan USA and i was making anything from 12-15% on my rental in dubai they told me i would make guarantee 8% so i wanted to give it a try, but after you factor in everything else from the obvious ones like utilities and maintenance fees to the less obvious like property management, currency exchange and transfer fees you're lucky if you can clear 5%and currently there are overwhelming supply there are massive projects being built that mean rental prices will keep declining

And the decades-long population decline has stopped.  

We charge an additional fee to have the property sprayed monthly and they have the option to accept or decline before moving in.

Without understanding your market, economic drivers in the community, supply and demand, growth and declining areas, valuation methods and common practices, you can't really choose the best niche, you'll be guessing and may well fail after spending your money chasing pipe dreams.

This applicant sounds like a bad one.... find a way to decline their application if they actually apply.

Our primary criteria is their credit score, not all the little nitpicky details on their report, although having some bad recent stuff on their will cause us to decline them even if their score meets our criteria.

So yea, I would not be surprised we will see price declines of 20%-30% in the coming 12 to 24 mo

Does she think it's smart to wait for rates to hit 6.5% and your property value (along with equity) to decline by 20%? 

It's a mini-Detroit type market, where population declines due to the auto industry's flight have hollowed out the city and left a devastated housing market with more supply and demand.