In addition, rundown properties are a haven for drug addicts, criminals, wackos, and other of life's losers.

It's never the sort of thing where you have an utterly clear villain and an utterly clear victim -- it's the mechanisms of society that batter these people helplessly.The addicted, abusive husband who can't help himself from still wanting to see his kids and try to fix his marriage, but also can't fight his raging addictions without help he can't get from a system that just wants to process him as cheaply as possible.

That is unbelievable, did you invest a lot in it or was it move in ready.  

Since real estate is an “imperfect” market, almost unbelievable transactions have occurred whereby the buyer obtained ownership of quality properties at below market prices with low interest seller financed loans and no money down.  

Just the process of searching for my new primary residence has ignited what might soon become an addiction, and I'm itching to get started.

That means I could go after any one of them if the rent or expenses isn't paid.Once I had to evict a tenant, a drug addict EMT who couldn't come up with his share of the rent.

take a drive down that beaut of a street on welfare wednesday and you will see drug addicts, hookers, pimps, bums, schizos and all sorts of model citizens wandering around looking for their next fix.  

We will try to resist buying more homes (very addicting!!!!) 

Thank you all for your reply, I do think doing what you love is retirement already.Lol , but I think I got a addiction for real estate

Some people have done enough research and have the confidence and skill to just buy a property themselves and experiment and still come out with a better than 10% profit on their project and learn an unbelievable amount from it.