That is the actual price for a studio, shared kitchen, private bath. If you'll share the bath, $300. I've actually been to these and seen them and know people renting them.
I rent out my 2 bedroom, 1.5 bath, 2 car garage units for a low of $550 and a high of $750. Just FYI.
Be sure to work hard and get lots of overtime. People on welfare want more steaks and free upgrades to smart phones with unlimited data packages.
"The trust of the innocent is the liar's most useful tool." : Stephen King
"Commerce with all nations, alliance with none, should be our motto." Thomas Jefferson
I personally don't much care for the newer stuff, whether it's single family or multi-family. Cheap work, cut corners, close quarters...all for top-dollar prices. The new development around the corner from us has yards the size of the concrete patio in my backyard. Why the hell would I pay $250k or more for a house that has absolutely no yard/privacy? Being right up on the neighbor like that is just ridiculous.
"Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton