The challenge I have with being so anti-wholsale is that many professional real estate agents will never touch the house you described.

A notice to quit is a notice or letter from the landlord that terminates your tenancy and tells you to move out by a certain date because you have engaged in certain conduct that is not allowed under your lease or under the Anti-Eviction Act.

What other assets are good at hedging against inflation besides real estate?

They told me they had a bunch of rentals in AZ, but when the anti immigration law passed, it killed their rental business and vacancies sky rocketed.

Flipping was the term that HUD used 15 years ago when they went after investors and appraisers and lenders in collusion to inflate prices, and created anti flipping regs. 

Brian, Here's an interesting article about some of the things that happened to landlords in the Great Depression: http://www.workers.org/2008/us/anti-eviction_struggles_0221/ Here's my favorite quote from the article: A wave of evictions hit the country as millions of jobless workers were forced into the streets by the landlords who had happily profited off their rent payments before the stock market crash.

A quick clarification... some posters (Anti Guru, for one) have mentioned that high Debt to Income ratio will lower your FICO.

Also the rent control laws are very anti landlord/pro tenant.

I am pretty anti debt as well, the only reason I have been carrying this debt this long is because it's all 0%.

Once again this year the 90 day anti-flipping rules has been waived through the end of the year.