I just got a closing costs quote from TD bank: ~5200Origination 840Appraisal 525Credit Report 9Customer Authentication Report .85 (85 cents)Flood Determination 5Tax Service Fee 58Title Services and Lender Title Insurance 1470Owner Title Insurance 650Government Recording Charges 715Transfer Taxes 600Initial Escrow 240Daily Int Charges 90Homeowner's Ins 75I'm not sure how much less these numbers differ in Michigan.

And they are by and large A class properties that sell for 4 to 5 caps and in Beaverton these apartments support Nike and Intel along with Genentech Fujitsu and many other high tech companies they call it the silicon forest so our multi here is nothing like you see in Memphis..

The reason is to MAKE MONEY, you wouldn't buy stock in GOOGLE or NIKE if you KNEW it was going to LOSE MONEY every month for years, on the OFF CHANCE that it would appreciate enough to sell it for a profit.

Some I did very well (NIKE, WENDYS, MICROSOFT) other I took some pretty bad losses on (JDS UNIPHASE).

I've done well with most of my individual stokcs but none as good as.NKE, That's Nike, the guys with the "swoosh", Michale Jordan did great things for them, and a young guy named Tiger Woods has really moved this stock.

The vacation rentals are usually for those bargain hunters or those who would like a more authentic experience.

TD Bank Closing Costs 1/16/2014 Philly, PA SFHGeneral Fees:TD Origination Fee 843.15Appraisal Fee 525Credit Report 8.37Customer Authentication Report .85 (cents)Flood Determination 5Tax Related Service Fee 58Title Services and lender's title insurance 1470Owner's Title Insurance 650Government Recording Fees 715Transfer Tax 600Items Paid in Advance:Initial Escrow Deposit 239.18Daily Interest 89.38Homeowner's Insurance 75 (Hazard Insurance)Total $5222.68

If one of us had given up a pair of Nike shoes we would be $1000+ richer.

I've also seen a ton of auction web sites (and have also read up on how to tell the authenticity between them).

People who are simply more authentic in their day to day activities because they seem to not be burdened by alement of regularity.