I'm guessing all the good off-market bargains are instantly canalized by those with much deeper pockets, and stronger contacts in the biz.

the advantages I speak of are people constantly moving here and we have a growing local economy!

I hope to be making $5,000 per month within a few years through real estate, so I would like to a market that has great cash flow, strong economy, is livable, and is fun place to be in!

I hope to be making $5,000 per month within a few years through real estate, so I would like to a market that has great cash flow, strong economy, is livable, and is fun place to be in!

I suspect that if the economy takes a dive some of these will default and that some of the sellers will be short funds to cash out the partial buyers leaving the partial buyer in a position to FC.  

But have a bought properties that were less than 3%, yes, however they were in much stronger neighborhoods and still cash flowed really well.Ultimately you are assessing risk:reward ration. 

Initially we went in contract for a lot higher, but we were able to negotiate lower prices based on inaccurate financials that we were given, and also because of the covid-19 impacts on the economy.

I've toyed with the idea of selling the rental but the current economy is less than ideal to do so.

Covering the Economy, Multifamily Real Estate, Rent Collections, Employment, Interest Rates & Stocks.ECONOMY:Staggering Rise in UnemploymentThe official unemployment rate stood at 14.7% in April but will likely rise to over 20% by the end of Q2.

--If you can afford to go straight into multifamily, the economies of scale in this category make it much easier to generate initial cash flow.