And the moral of the story?

It can be an effective way of quickly boosting your retirement income though.If I may quote Mike Dermitt, "Don't occupy Wall Street, Escape Wall Street!

The higher you can boost net rent...not just gross....the more you can get for the property.

@Charlie Morales step 1 is to learn everything you can.

Get a FREE EIN and get tradelines and move all credit to business credit cards/lines/loans that DO NOT report to personal credit to boost your scores! 

If you area was full of crime would you sell or keep i mean i would buy the property at much cheaper price safety is the priority if you was investor would you buy a potentially profitable property great deal but lots...

If you don't have these pieces of information, no fancy real estate deal analysis software being peddled by the real estate money gurus will help you.On the other hand, if you have all that verified financial and house payment information from the seller, you can do all the real estate deal analysis you need on a paper napkin and be successful.What's the moral of this story?

@Mario Morales, you can calculate it every year or for any range of years!

Sure, I miss on some extra returns but I can focus on my career and boost my income while also growing my wealth. 

And the only thing that sometimes hurt me in D. was that he is soooooooooo honest and he wouldn't do anything which doesn't comply to his moral values, His honor is just huge, and I certainly respect it a lot.I live in so called "depressed" area in CA, and I had cash on top of everything else (credit score, job, etc.) and I had NIGHTMARES for a year I was going through the real estate process that D. could leave me and I'd have to again deal with slow, lazy and unprofessional real estate agents.K. is D.'