If I said I will sell you a house valued at $100,O00 for $10,000, but u r flat broke, I guarantee the wheels r spinning a million miles an hour on how you would get that 10k and you would get it.

Everything from neglected maintenance to poorly managed financials to tyrannical despots on the board can cause your investment to spin out of control.  

This keeps you from spinning your wheels, wasting time on something you think might be a deal with no place to put it.It also keeps you from hanging a property owner taking their property off the market with only the hope you can find a buyer.

I cannot opine on LU, but there will be spin offs and maybe some bad eggs. 

Nothing wrong with that but let's call a spade a spade and not put some Ghandi'esque spin on it.And there IS something that makes the homeowner have to list it with an agent.

It's Terry Bontemps, hello guys just wanted to put my own spin on this since my name is being used.

The investment may spin off a great cash flow, but appreciation is a questionable variable.

I suppose what makes such inquiries so insulting to those of us that have actually gotten an education and succeeded in areas of the industry is the assumption and implication that investing in real estate is just common sense, any idiot can do it, only takes a 100 page book or buy some crap off the internet from anyone who can spin and fluff ideas.

I have been analyzing properties non-stop for the past week or so and feel like I am beginning to spin my wheels a bit.

I wouldn't buy 12 right off the bat, maybe 3 to 6.Keep your wheels spinning and your women grinning.