Unbelievable.

That's just like trying to equate the "median sales price" change, to the value of an individual house.Also, 98% of cocain addicts first had McDonalds fries......a correlation?

I am very familiar with this rule of thumb, however it seems so misguided and arbitrary and takes into account almost nothing other than a base rental assumption.Say you've got a 10 unit building and most tenants are drug addicts and are paying below market rents and the property is old and serious repairs are most likely imminent, you are probably looking at 90% of your rent for expenses.

Greed is addictive and I am all for curbs on that activity.You make the point investing is not easy and that may be true if you do not have the capitol required to do so.

I might just pack up and move over to Cape Coral as its just getting to crowded here and real estate prices are unbelievably overpriced.

Great job on Bigger Pockets as a whole it is unbelievable 

I'm a bit addicted to profitable re-sales but I have to settle down now that my family is growing in the Bay Area.  

I've also become addicted to the BP podcast in the last few weeks.

Once you get started, buying properties can be addicting.

It sorta becomes addicting!