In Colorado, the lack of recording may not be fatal to asserting priority over another lien that is recorded first.

I jumped in only to respond to Igor's assertion that good areas (e.g.

@Giovanni Isaksen, I stand by my assertion that the seller is buying tomorrow's cash flow based on responsible and realistic growth assumptions. 

The guarantor is usually a parent or grandparent, which has the added advantage that if a problem with lease obligations does arise a call to Mom or Grandpa typically gets things resolved instantly.Finally, I disagree with Clay's assertion that student rentals are usually 1-2 bedroom units.  

Motion to vacate judgment by Defendant, based on his assertion that he had no knowledge of who we were or why we sued him (also 2007).

Fortunately smoking grass will likely be legalized soon in your neck of the woods :-) This does not support your assertion that Dallas has averaged 5% appreciation over the last 20 years.

@Bryan Zuetel    I've never heard of it personally, but that doesn't mean the famously assertive FTB won't come after an investor.

@Peace Lily  I second Chris Mason's assertion about the baking...

I'm getting too good at this.The day before yesterday I was attacked for making the assertion that the many of the roots of modern liberalism (in both parties - liberalism is not just about Democrats) can be found in early 20th century eugenics.

you got it about right.remember in the mid west its always been renter dominated ... and its always been slow to no growth in values.. very very long time for values to increase.. these homes are being sold for less than replacement costs. one of my First posts on BP that got about 150 hits.. was my assertion that 2% rule KILLS valuesyou should have been in on that one..