What your describing is a classic case of chasing a series of unmotivated sellers.

Im leaning towards the instock "American Classics" white cabinets from Home Depot, our lowes now requires there cheap white cabinets to be special ordered.Prices seem to run about $1600 for cabinets alone, not including trim, crown, end panels, toe kicks, ect.

Classic 4 letter post.

., the classical 1% rule for rents), you assume 50% of the rent goes to expenses, and (here's the biggie) you assume that your rent and expenses are both driven by inflation, this investment is much more attractive.

I would certainly use this experience to tighten up my documents, as this a classic example of the risks in a flip where no earnest money is involved, and poor performance by the seller has no consequences other then putting you in a squeeze.

I thought I would bump this classic....Who is for letting parents vote for the school their kid attends with their wallet?

Seems like a classic Nigerian fraud.I guess someone who wires money based on such an email probably deserves to lose it.

You can make the check out to:Mike McKinzie,and here is his response:The rent for 500 & 504 Kerry will be returned to the tenants (since checks received are made payable to Classic) with notification of the transfer of ownership, managementToday is June 24, the tenants paid the rent on June 1 and I still don't have it yet.

:joker: ....Another Will Rogers classic, especially for BP:Buy land, they ain't making anymore of the stuff.

Keep snowballing the cash like that and buying property outright and before long you'll have a hell of a cashflow situation with minimal risk and still have the classic real estate apprecation on your side over the long haul.