Real estate can be an excellent investment, but ensuring you can comfortably manage the payments is vital, even if you encounter negative cash flow periods.

There you go, there's your niche......The one thing I've noticed about (most) Realtors over my long relationship with them is this - they do not (generally) pay great attention to their clients, except when they are brand new.

I have an old house on an exceptional lot (great street and mountain views, larger lot for area) in an area of SE Denver in which new houses can sell for more than 3M.

I lived in LA for 17 years and miss it like the dickens (except for the weather!!)

And although there is an exception for them in the regs, more often than not they are not experienced enough to give you good service beyond holding the proceeds.For 1250 your QI not only should be able to close tomorrow but buy you dinner as well :).

I started in HML in the late 80s and this has been true in each decade with the exception of 2008 to 20011 were loss's could be staggering.

And with few exceptions they only buy homes that are under 20 or so years old.

Conventional is not giving me upto 75% LTV due to the DTI My properties are cash flowing really well and are appraised at a good value but still under $100K, except one which is $115K.

Knowing when and how you plan to sell or transition out of the properties is vital for long-term planning.It's wonderful that you and your wife are excited about this new venture.

I took exception to that.”Except to” is risky unless one has the cash on the barrel head to clear the debt on demand.