That’s a lot of lost profit (politicians may disagree- but who cares?).

Do you disagree with the fact that it might be difficult?

Bryan, First, I only respectfully disagree when I see something which is extremely off base, granted I do enjoy a good debate, I want anyone to get the most accurate information and not be dissuaded by inflated fear factors.

However, I disagree that properties will cash flow when purchased at 1% of acquisition cost.

She disagreed with me, and insisted there was no way we could find out.

Still interesting but not really a true advantage.We might agree or disagree on the edge one gets from knowing the loan balance.

As an added bonus, in all likelyhood the value of your property has appreciated OTOH, if the basic structure is ALSO in poor condition, AND the roof is bad, and its not that great of a location, or floorplan, or... then it won't make any difference- you're looking at a teardown.It also probably won't work if you are unable or unwilling to do any of the work yourself; and/or if you are picking all new contractors out of the Yellow Pages.In general, I disagree with the idea of doing just enough to get it rented, then make it nice when its time to sell.

I have to disagree with John on this one.

My wife keeps telling me that Realtors should be out talking to people and not writing websites (can't say I disagree).

I answered your question(s) in regard to who/what/why.If a person wants to get in contact/communicate with me and/or my husband - they can very easily do so in a variety of fashions.You disagree.