I would then offer a unique service to potential buyers/sellers (that no one else offers) that is a tremendous value. 

Stop contributing more than what your company will match in the 401K, get rid of those car payments, student loans, toys bought on time etc... 

So for people who are in this higher income situation it would be better for them to take LPMI (lender paid MI) which is in essence a bit of a higher rate in order to not pay monthly MI because this particular person could write off the extra interest and typically pay less than what monthly MI would "have," been in lieu of the LPMI option.For smart investors who buy undermarket value and fix up, it may be best to ..... Yes

If this is your first time investing in Cincinnati, it is a unique area with a lot of different submarkets with unique characteristics that may not be true of other cities.

With that said, there are two factors that drew me to REI that paper does not offer: Leverage (amplifies yield and, yes, also risk), and tax benefits unique to REI (ability to depreciate and write off interest and business expenses, not to mention 1031 exchange).

I suspect in Omaha you can do very nicely on say 20k a month... and spend say 5% of your income on a toy.. still leaves you 19k a month to live on.. great house in your market probably all in is not more than 3 to 4k a month leaving you 15k for food and cloths.. so you can buy the car  :)

I toyed with this idea when I purchased a vacant 10k sq ft office building.  

Key West is a unique place with a lot of unique opportunities.

People often make the mistake of applying for "toy cards" ( department store, gas cards) or even worse, subprime cards.

As investors we like to focus on the cash flow but sometimes we have to take a step back and really assess the uniqueness of a situation.