In other words, a couple of the tenants are fleecing these people out of their government checks.

I worked out with the Governator, Mr Arnold Schwarzenegger in Claremont quite a few years back.

I think I posted this somewhere before but the best place to get a free credit report with no scams is http://www.AnnualCreditReport.com this is the official site and is government sponsored.

He has a partner in this venture ( not myself.)He seems to enjoy it, but has had is easy so far, because his rent is payed buy our government.

You can only print worthless pieces of paper (based on nothing except the INABILITY of the government to endlessly tax the taxpayer) for so long, especially when you're on a decades-long hand-out spending spree for every loser that is too lazy to work.

If you don't, you'll be wide open to charges of discrimination and the tenant will have a free low-life scumbag legal aid lawyer to represent them for free, in addition to having the government going after you for discrimination.

The government graciously allows us to write off our expenses, deduct the interest expense for the loan, and then depreciate the property (minus land) over a 27.5 year period).

The successful investors are there to talk to other successful investors and to work together to keep the local government in check (keep them from passing local laws that are anti-landlord).

It takes very little research to learn if an offer is a scam or not.I wish the government would get nasty tough on scammers and identity thieves.

Once the Chi-coms and other foreign governments wake up and understand that their US Government IOUs are worthless and they REALLY start to buy stuff in the US, inflation is going to SKYROCKET.