I am amazed at the e-mail I just received from Prosper (text below).  

If it's a G R E A T deal, why fuss about 5k or less - - go for  the throat, buy the lot and then sell for the 30k. 

E high demand for housing.

@Ed E. so I had a tenant that was a HD contractor and had friends that used them for some work.

You can break even if do e correctly.

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.

@Mat LeclercWelcome to BP.Search out @Stephen E. he's actively investing in Kingston and area.

@Ben Leybovich @Andrew E.  

@William E.  

They are asking 299,900 Land locked, no room for expansion.Total Income     22,187Insurance              189Liability Ins.           767Interest Expense   174Loan Interest     10534Labor                  6400Repairs                 646Supplies                90Taxes                 2532  (Not sure what value amount this is on)Telephone            841Utilities (G & E)     802******I talked to commercial lender today and he said they require 30% down, financed commercially at possible 5.3 to 5.6% + for 15 or 20 years.