[quote=no_such_reality]BG, be vary cautious of homes that have sat with the utilities turned off for extended periods.
flu, what your uncle did is doable, provided you hit the timing right, have the right marital situation, and are willing to move every two years and live in the areas the rentals are at.
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But that’s what everything is about though….Everything is about luck and timing…Do we really think anyone else really has an edge over everyone else???
Everyone’s looking for the sure thing. There is no sure thing. Everything has risk, and opportunities for failure.
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It’s good rule of thumb, never by a rental you would be unwilling to live in or in an area you wouldn’t want to live in.
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My lowly requirement is just never buy a rental you think you would get shot at getting there…But doesn’t necessarily mean that I need to feel like I would live there. A CV townhome for example, is something I could live in, but not something I would try make a rental (unless I occupied it as a primary for a few years)…