I am trying to get a group together that will have realistic expectations and a long term outlook.

The part in the quote that I have copied above is something I want to expand a bit on, based on recent experience.I had an applicant who had been a "contractor" (home improvements / handyman), but who had taken a job in a restaurant / deli (that had a growing business, so good outlook).

Further more, I don't go out looking for "deadbeats" to rent the place.

Originally posted by Joshua Dorkin:There shouldn't be any traffic that time of day (something I took into consideration).I think you will find that this area has a bit of street traffic no matter what time of day, but what I was really getting at was the high traffic/volume in that In and Out as do many others like it at 1 PM.We Californians love our In and Out!Looking

If done some research on economic outlook for a bunch of major cities and there was little positive future growth for the area.When there are better potential growth cities were housing is good and business cost are low likeHouston, TXJacksonville, FLIndianapolis, INLouisville, KYCleveland, OH Salt Lake City, Utahthen name some good reasons that I should invest in Detriot's future?

When I changed my mindset and outlook I paid cash for the car I could get at the time (97 F150) and determined to use it until I made the cash from investments to buy myself something like an 05 F150.

I have been out looking at a lot of MH over the last week, I cannot believe the condition of some.

We did that in our kitchen at home and it fixes that 'big fridge sticking out' look :) Of course, you really lose a lot of space with the counter depth fridge, no room for big party trays, so we had to keep our full size one down in the basement.

Well, Chris, crime rate for one:http://www.escapehere.com/destination/10-worst-cities-to-visit-in-the-united-states/7/Texas still has great cash flows, healthy economy, excellent jobs outlook, and some potential for appreciation.

You need to know what the average rent is in the area for comparable properties to determine whether rent will cover mortgage payments and other expense with enough left over to justify the investment.You also need to consider the longer-term outlook.