I did have other plans, but would have declined as it would have been inappropriate, and getting too close to a tenant...as a landlord, we need to keep a business relationship with our tenants.Again, I realize this may sound like bragging, but that is not my intent.I just want to illustrate that if you screen well, get quality people in your buildings, treat them with respect, make timely repairs, keep your building up, being a landlord can be very rewarding, and I don't mean financially.God bless all of you this Thanksgiving.Arnie

(These numbers are not actual Section 8 numbers -- I'm just using them for illustrative purposes.)So, if a landlord has a rental in C- neighborhood where the market supports 3BR rents up to only $700-$800, that landlord can list with Section 8 and collect $950 for rent. 

and I want to do some real life illustrations using members of the BP community, rather than just focusing on my stuff. 

We walk around too and share stories to illustrate some of the important points we want the tenants to remember.

An appraisal is a much more detailed report which illustrates rental rates, comparable sales, and cost data within the area.

You have more cash to reinvest in other deals so you could potentially match your cash.Easy numbers to illustrate pointHouse cost - 100k produces -$ 200 or $1000 and 20k down So your friends put 100k down he makes more than you $200 versus $1000On the other hand you only put 20k down, you have the same 100k you buy 5 houses So now you have5 houses $500k value 100k down 1k cash "plus" you have principle paid down ! 

I left the last sentence in that quote to illustrate the paradox of that post ...Bill has done a more thorough job of finding and identifying the flaws, but I wanted to show the specific statements that support that conclusion.

I know that every market is different and our markets, Dallas and Memphis, are unique in a lot of ways, but I wanted to share a recent bid that we won to illustrate being consistent.

For those that it does impact, it typically has a very small impact in the overall returns of the investment.I would be willing to walk you through a more detailed financial statement to illustrate the point further if interested.

Not sure I buy these numbers, but it does illustrate that cash flow markets are pretty widespread.http://www.numbeo.com/property-investment/rankings.jspCertianly, there is a lot more investor competition for the brick rancher REOs/SS's in the burbs, and prices are rising.