The town I'm in has a lot of older (maybe 1900-1920s) homes in desirable areas and also a lot of homes built from 1949 on.It's an area that I'm interested in, but I've read one book by Robert Irwin and skimmed through another at Barnes and Noble and he mentions in numerous places not to buy houses over 10 years old, but especially not older than 25 years old.

IF real estate transactions were as simple as buying a gallon of milk at the store, I'm sure my job would have been phased out decades ago.

Now the way people throw around the world billion, $50 billion sounds like milk money.I bet with the inflation our country is going to go through after this bailout, you will actually need close to that for milk.

Personally, it sounds slimey to me.It sounds like rent skimming, while the lender doesn't get jack.

In other words, falling rents don't cause falling house values and vice versa.A rental is a commodity, like a gallon of gas or milk.

For example, my father rarely had milk or cream in his bottle as a baby - he had black coffee.

that's it.Don't skim over the most important thing I wrote.

Foreign money has been flooding the land of milk & honey because many nations are jumping out of their skin in joy just to save their money from inflation.

I skimmed the terms and conditions of legalzoom, and although they have similar limits of liability at least they do not appear to suggest external counsel for one's unique situation.

I like the buy and hold stand point because it is like buying a cow to milk and continue and sell the milk for a long time.