Couple that with medical issues and you are in a heap of it.I would step away from REI for a while until you feel committed to making another go at it.

There is a new hospital there which is one of the biggest in the Carolinas, a new dentist school, etc...It is projected that 800 doctors are going to be moving into the area for their business.

The only $2000 rent is being paid for by some doctor for a 6 month rental while he and his family wait for his new house to be built.

About a four bagger in something more than 13 years.Out of curiousity, what have been YOUR EXPENSES on the other houses.Yes, pro formas can be doctored, Form 1040 and 540 cannot be without some pretty dire consequences.

Saying you want to be in Real Estate Investing is like saying you want to be a Doctor.

They had great payment history for 14 years until this medical emergency put them behind and they have a Realtor friend who has already worked out the short sale with the bank -- they just won't let him buy the property because he is such close friends with the owners.

Maybe stuff happened that was out of their control (medical being a simple example).

Someone with a serious cash flow issue, a divorce, medical issues or just someone who thinks they do not have to pay their bills.

I am a graduate student working on my PhD in Raleigh.My research is developing alternative fuels for energy.I have ~2 years left before I become a doctor (cross fingers here)I am currently not involved in real estate, but would really like to become involved.

The neglect of the company resulted in my back injury (cheaper to pay foy medical then to fix the roads I guess) and I filed Workmans Comp.