But this is still a respectable 12% annual gain.

I respect your opinions but to say it’s either your philosophy or failure is ridiculous.

I was told the FEDS have said those types of deals are one of the triggers for mortgage fraud.I spoke to several QUALIFIED and well respected Real Estate attorney's in Atlanta and was told I could not use the proceeds from the first to fund the second.

fizzlemahoe,With all due respect, you are NO WHERE NEAR putting an offer on this property.

just a suggestion to throw in here too... if you treat others with respect, you will get respect back.

I actually never looked at this as an unethical thing to do being that it was included in a very well-known and respectable course that I purchased.

Contrary to popular belief a lot (not all) of section 8 tenants like and respect beautiful places.Most people are unfamiliar with most of these areas and are deterring potential investments from places that need it the most.

The only person(s) that could do that would be the Attorney Generals for the respective states that he may or may not be operating in.The repeated advice to contact a lawyer after the holidays is solid and should be the only thing you take away from your post.

As much as you care that his tenants are treated fairly and with respect, they are his tenants.

Respectfully,Alexis