Indeed good CF if you can KEEP renting it out for $1000/m, howev

have you considered the possible dire scenario of prolonged deep recession or deflationary situation? Unemployment rate can go above double digits while many people are fighting for food, riots can also outbreak in U.S.

I am not predicting this will happen, but I believe a lot of people are taking it very seriously, and that is probably the main reason why you see this kind of "good" deal now.

Price of stocks and houses do not drop for Main street's Joe or Smith to bottom fish, but again, no gut no glory.