If you self manage and have no repairs for 5 years, then you might show a nominal positive cashflow, but still less than $2000/year.

Their like weeds every where. i am actually taking a photo of one every other day outside my office window. its almost higher than my fifth floor view. anyway, the rent on these units are really high. 

In general, apartments tend to be less risky and investors can accept a lower nominal return on an apartment building while still achieving the same risk adjusted return, with all else being equal. 3.

Apartments also tend to be more of a pure real estate play while hotels and senior living facilities are less about the real estate and more about the service and operations.In general, apartments tend to be less risky and investors can accept a lower nominal return on an apartment building while still achieving the same risk adjusted return, with all else being equal.3.

As additional humor bonus, I add a photos of mushroom growing on the ceiling and light fixture of water.

Look up comps, determine ARV, use the listing photos to help determine the repairs and how long your rehab period would be, holding coats etc.

@ayodeji kuponiyi - thanks see photos of my home.

PS You look a little gray in your photo.

I will also update a profile photo later.A little about meI spent most of my life in Phoenix, Az. and moved out to Denver, Co. about 3 years ago to finish school.

The streets in the Philippines look a lot more run down, and "ghetto" that what is in those photos.