Quote from TraderZones:
In another year, I might start getting small apartment houses again. I got out when prices went up. I like older rentals that can easily be converted into single family - dual use. Even better, in a large college town where there will ALWAYS be students. Rental is as close to cash flow as there is.
But right now, they are still too expensive. I would like to get some older, owner-financed triplexes-fourplexes from bankruptcy, when we go down another 30% or so and there is blood everywhere... Who ever lowers rent, after all?