No one can mitigate all risk, but I would rather have a chance at being wealthy earlier in life using debt (its what the FED does, and no matter what you think about it, or how you think it is going to end, if they flame out, I could care less if you own you property free and clear we are all in deep doo doo).If you use debt to no more than 70-75% LTV, in todays market, we could still have a correction and you would have an equity cushion.

I don't think you can manage properties for others without a real estate license or property management company in Washington, something you may want to investigate before you get too deep with your sister.

You can make a second putting you underwater but I'd suggest you not go very deep.

This tenant's reactions are completely crazy and off the deep end.

(Then, take a deep breath and cool down.)Someone should be paid for this.

Well since I’ve been in deep thought on putting rentals in LLCs and asset protection past few days on Ali’s blog (thanks Ali) I would propose the first thing to do would be to identify and rectify any mechanical or electrical hazard issues.

Cons:Illiquid, especially when you need it.I'm sure other factors like the pros/cons of depreciation, pros/cons of inflation, etc. play a big role, but I'm not thinking that deep… yet.

I won't even think about ask for such a deep discount.

She successfully predicted the crash and she was saying 6 months ago that municipalities are in deep trouble - hello Detroit.Now she is predicting that it's going to be "neighbor vs. neighbor.

I expose a few of the high rollers with deep pockets here in Dallas, and they have not been back, and I spoke loud enough that everyone could hear me and told the auctioneer that I would monitor the auction to make sure everyone is on the level and then said to let the auction begin.