That probably ate 40% of your down payment...So interest rates and CAP are linked by your Cash on Cash calculations.I hope that clears this up a little...

I wouldn't let the high cap make you suspicious just because - but be diligent with your own due diligence.Generally speaking, I'd say the higher cap ate compensates for lower appreciation potential + tenant demgraphic.

I ate 2,100 month being on a 15 year.  

From attorneys' responses on googled sites, most roofing companies ate the cost of the materials.

Security deposit covered some of the loss so I basically only ate about a month or so of vacancy in cost.

We borrowed the full amount the day after I read her post and put it in savings at E*Trade savings, which was giving the best interest rate for liquid money (immediate withdraw available) that we could find at the time.

Put a tee in the cold line and connect it to the valve.

Yes every unexpected expense ate into my profit but this was meant to be a learning experience not necessarily a get rich quick ticket.

However, properties in Indiana are 50k a piece, which in cali they are 500k a piece(maybe)  So total purchase equals out.However a investor here can get started with 13-15k, instead of 100k there.You are right 100k, over 20 years, some of that gets ate by inflation.But keep in mind total investment was only 13kSay 20 percent of the 100k gets ate by inflation.

As in Jeremiah 13 "The fathers ate unripe grapes, and the children's teeth are set on edge," I'm not sure if morally it is right.