Between the urine, hair, and claw sharpening on all the woodwork they can really destroy a place.I would probably pass if your main plan is to put a highly allergic person in it, but if the numbers work out well and you can rent it to an animal lover it might not be a bad deal.

Hey, Came across this in my reading - can't verify that all of the numbers are correct, but it seems like a good place to start for a list of limitations by state: http://www.walkawayfromdebt.com/worksheets&charts/...It's not my original work, so credit to the author.

This chart is a great example of the kind of transfer you can get:http://taxfoundation.org/blog/real-value-100-each-...Not only is my employer compensating for the lower value of $100 here.

Less than 2 months ago, I passed a hair follicle test, I'm told is accurate to 3 years back.

While there is a reliance on 'welfare' or entitlement still exists (to a large degree), I wouldn't discount the area as a whole as it seemingly has done better than the 'hot' markets during the downturn...I do understand Syracuse (and Buffalo) aren't doing as well as Rochester overall but I think even Syracuse has ranked high on the rent to returns chart, probably due to the welfare nature as well. 

They based the cash flow chart on anything above, expenses + mortgage payment.  

The seller knows he's going to take a hair cut on selling the note. 

Jerry,There are a dozen ways or more to find the owners, and if I told you, it would make the hair on your neck stand up...

I'm not exactly afraid of commitments as far as finances go, but working a job just to keep on top of bills your always Just-Over-Broke, and your exhausted when you get home and you always want to get some rest so your prepared for a better(or easier) day at work the next day, elsewise you'll be first in the cross-hairs on the at-will list for companies to lay off or fire.In the last 2 weeks, I'd say I've accumulated about 100 hours worth of searching real estate ad's, reading books on real estate, forums and the like, and I am leaning towards an FHA 203k loan, or something similar such as owner financing.As it is right now, I am set to start my new J.O.B. next week, but I am expected to work nearly 70 hours a week my first few months there.I think a "stupid" question is far better than making a "stupid" decision!

We can't say 3 years is bad, we can't say mess with the price because the term is longer.I suppose there could be a basic flow chart for SF deals, residential and commercial, but the bottom line is that you need look into the future on these deals, not so much as what the circumstances are today.I do my best never to put words in Will's mouth, but I do see an implication that having "50 off the book" seller financed loans seems to be some advantage to obtain future conventional loans.