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Old 03-23-2013, 10:38 AM
jaoneill jaoneill is offline
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Join Date: Apr 2005
Location: Northern NY
Posts: 364
I just sold my last single family rental and, although it payed for itself 3X over the past 30 years, it was almost always a hassle. The market you are in is critical to success with SF's and our local market is dicey for the SF market. In an area like ours where median income is well below the state, or even county levels, multiples have huge advantages.

Good luck!
Jim
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2005 C240 4matic wagon (daily driver)
87 190D - 225K (on loan)
85 190D - 312K (on loan)
2011 Subaru Legacy AWD (Wife's)
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