Greetings, Perhaps the best way to introduce myself is to post up info from my profile: Seven years after retiring at age 52 from an energy career, I have begun a new 'career' in real estate investing.

What you really need to ponder is if you can handle the extra time and emotional energy the low income can zap - chasing rent, doing the same rehab over and over, not being able to go after damages.I would do Section 8 in a heartbeat, there are more incentives to do the right thing to keep or reinstate their vouchers.

I am not satisfied with the house now because its not energy efficient and uninhabitable.

They have replaced roofs, made energy efficiency updates in the basements and even done substantial rehab work within some of the units.

By the way the FREE REAL ESTATE BOOK advertisement you keep seeing on this page if you are in Canada or Ontario more specifically is the guys at Rock Star Real Estate.

New energy effecient furnaces, rehabbed kitchens with hardwood floors, new bathrooms.100% occupancy.Gross Rents $2250PITI 69k @ 8% over 30 years is $1006NOI is $1244Expenses $1125Positive Cash Flow of $119Claims contractor says 6k to get the 5 unit going and could rent it out at $500 Would this be a winner or loser?

Not for the income, but for the joy of learning...if that's something that you enjoy.If you're going to school for a J - O - B...well, don't bother.A Real Estate Investor usually makes more than an attorney with less time and energy involved.

A top energy and financial company going belly up.

I am a young professional with a lot of enthusiasm, and tons of energy!

I have been taking challenges from people to give me names of Global-Warming skeptical scientists and 80% of them have been bankrolled by energy companies, (most principally Exxon)(I am at a public computer right now but I will get you documentation on this issue in particular).Also, many people, such as Al Gore, have profited through hype about global warming, but many are simply doing their jobs....such as the good members of the vast majority of the scientific community (all over the world).Its hard for me to believe that the majority of the scientific community could be bribed into this one....Could you get me some documentation on this?