When we don't we call the same economic force inflation.

I don't see a 20%+ decrease in property values or rents unless there is some major global economic upheaval.

Not sure if he knows there is no need to do the rehabbing himself and there was no mention of the economics at all in the first post.

In fact BHP sub-optimizes profits - take a course in Economics and do the Math.Short term with the Fed set on the path to lifting rates is like storm clouds coming over the south end of town.

One or the other is just a matter of philosophy but without any meaning unless you look at the numbers.You have to decide which one will make you the better return on your cash and evaluate that against the risks of the situation (property condition, location, local economics, etc.).You have to consider that $40,000 might buy you one property with all cash or two with cash and financing.

War always has been good, at least economically, for this country.

Nonetheless, it makes me uneasy to buy it (with Puerto Rico's economic crisis) at appraisal value.

The homes that are for sale and priced accurately are being purchased very quickly - Days On Market in the single digits and multiple offers are becoming the norm in several price ranges in my area.I'm assuming this has a lot to do with raising interest rates, the so called "Trump Bump" and any number of other economic factors that are frankly over my head to speak about with any expertise.  

Rising mortgage rates are affecting the market as well.Key Takeaways: Existing home sales have been improving since about 2011 alongside with the economic recovery.There were a couple of dips along the way, the latest in February.

Most economical approach is to sell the home and move them to an affordable condo that they can themselves rent.